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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
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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

Sonic Automotive accelerates powersports push with Harley-Davidson acquisitions

Sonic Automotive expanding its footprint in the powersports sector through the acquisition of five Harley-Davidson dealerships.

  • Johnnie Martinez II
  • May 7, 2026

Used-vehicle values rise 1.8% 

Used-vehicle values rose in April as tax refunds supported sales and prices followed seasonal patterns. The

  • Amanda Harris
  • May 7, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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