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News Feed

GM Financial President: Used EVs ‘going to gain traction’

IRVING, Texas — Nonprime auto lenders should offer more financing on used EVs, GM Financial President

  • Aidan Bush
  • June 5, 2026

Auto ABS spreads stable at start of June despite market pressures

Auto asset-backed securitization spreads showed little movement through early June on the heels of modest widening

  • C.J. Moore
  • June 5, 2026

Affinity FCU leans into auto refinance as competition increases 

Affinity Federal Credit Union is growing originations with auto refinance in 2026 as consumers look for

  • Amanda Harris
  • June 5, 2026

Santander Consumer USA agrees to $400K settlement with New York 

The New York State Department of Financial Services has reached a $400,000 settlement with Santander Consumer

  • Auto Finance News, AI-assisted
  • June 5, 2026

‘Synthetic fraud is rampant’: Agentic AI, social media empowers auto scams

IRVING, Texas — Synthetic identity fraud made up 12% of total auto fraud losses in the

  • Aidan Bush
  • June 4, 2026

Global Lending Services expanding dealer pricing tool 

Global Lending Services is expanding a program for dealers that provides instant pricing, rate and payment

  • Amanda Harris
  • June 4, 2026

Santander, Exeter, Westlake deals boost subprime auto ABS issuance volume

Subprime transactions from several lenders are contributing to a strong pace of auto asset-backed securitization volume

  • C.J. Moore
  • June 4, 2026

Thor Industries incentives drop 2.7% YoY

RV manufacturer Thor Industries reported lower fiscal third-quarter incentives and sales as weak consumer demand and

  • Johnnie Martinez II
  • June 4, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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