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US inflation accelerates as gas, rent and food prices climb

US inflation continued to accelerate in April amid an ongoing climb in gasoline prices driven by

  • Bloomberg News
  • May 12, 2026

More than 5,800 vehicles sold net Tricolor estate, creditors $39.5M

NASHVILLE, Tenn. — Auction sales of nearly 6,000 of Tricolor’s remaining vehicles have netted almost $40

  • Aidan Bush
  • May 11, 2026

Funding diversification, transparency, private credit discussions on tap at inaugural Auto Finance Capital Summit 

NASHVILLE, Tenn. — Auto lenders are diversifying their funding sources to include private credit, significant risk

  • Amanda Harris
  • May 11, 2026

GM to cut hundreds of white collar workers in IT overhaul

General Motors Co. plans to cut hundreds of salaried workers from its information technology ranks in

  • Bloomberg News
  • May 11, 2026

Mazda sales drop 17.3% YoY in April

Major automakers’ car sales fell year over year in April as higher prices and inflationary pressures

  • Aidan Bush
  • May 8, 2026

Space Coast Credit Union eyes second auto ABS deal as originations rise 

Space Coast Credit Union is planning to issue a second auto asset-backed securitization deal after growing

  • Amanda Harris
  • May 8, 2026

Westlake issues $1.5B subprime ABS deal (Big Wheels)

Subprime auto lender Westlake Financial came to market May 6 amid an industrywide year-to-date increase in

  • Aidan Bush
  • May 8, 2026

Pagaya auto run rate up 109% YoY 

Pagaya Technologies’ auto volume climbed to a record high in the first quarter as it further

  • Amanda Harris
  • May 7, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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