Federal Reserve announces emergency meeting on auto lending regulations • Click for details

Vehicle Sales

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AFN Composite Index

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+7.00%

Inventory Index

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SOFR

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APR 48 Mos.

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Earnings

Cody Lyon

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US retail sales barely rise, suggesting some spending pullback

Growth in US retail sales decelerated notably in April, reflecting consumers pulled back spending on cars,

PenFed’s refinance applications up 75% 

NASHVILLE, Tenn. — PenFed Credit Union’s volume of auto refinance applications is growing as consumers look

NMAC president: 84-month loan terms ‘inevitable’

NASHVILLE, Tenn. — Captives expect loan terms to remain stretched for the foreseeable future as affordability

CPS taps ‘resilient’ customers as originations rise 30.3%

NASHVILLE, Tenn. — In the face of potential market downturns, subprime lenders are looking to identify

New Chase Auto CEO eyes expanding partnerships

NASHVILLE, Tenn. — Chase Auto Chief Executive Leslie Wims Morris identified three focus areas for the

SCUSA eyes more OEM, large dealer relationships 

NASHVILLE, Tenn. — Santander Consumer USA is working to grow its third-party financing relationships with large,

HDFS transaction expected to close in Q3

A transaction involving Harley-Davidson’s financial arm, Harley-Davidson Financial Services, is expected to close in the third

Hyundai Capital America takes ‘measured’ approach to insurance rollout

Hyundai Capital America is building out its insurance program after rolling out options last month. The

Credit Union Auto Lending Surges

David Thompson

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