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S&P forecasts 4% drop in auto ABS issuance in 2026 

S&P Global is forecasting a drop in auto asset-backed securitization issuance, prompted by projected lower vehicle

  • Truth Headlam
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PNC Financial’s auto allowance for credit losses falls 9 bps YoY

PNC Financial decreased its allowance for auto loan losses in the fourth quarter as the lender’s

  • Johnnie Martinez II
  • January 16, 2026

Westlake sells $100M of subprime loans to HFC Acceptance

Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing

  • Truth Headlam
  • January 15, 2026

Auto finance fraud exposure expected to surpass $10B in 2026

Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in

  • Aidan Bush
  • January 15, 2026

KTM Finance ‘absolutely not’ affected by 500 corporate layoffs, restructure

KTM Finance’s operations remain unaffected by the ongoing layoffs at KTM AG announced Jan. 13 by

  • Johnnie Martinez II
  • January 15, 2026

Volkswagen Financial Services’ Ernst Jan van Eijkelenburg to join fireside chat at Auto Finance Summit East 2026

Auto Finance News is pleased to announce that Volkswagen Financial Services President and Chief Executive Ernst

  • Aidan Bush
  • January 15, 2026

Mitsubishi Electric said to seek $1.9 billion sale of unit

Mitsubishi Electric Corp. will sell its automotive equipment business and plans to solicit bids for the

  • Bloomberg News
  • January 15, 2026

Wilmington Trust, Vervent sued by Tricolor investors

Tricolor investors are suing Tricolor securitization trustee Wilmington Trust and its backup servicer Vervent for alleged

  • Aidan Bush
  • January 14, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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