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Perella, Innovatus explore sale of auto lender Flagship Credit

The owners of Flagship Credit Acceptance LLC are exploring a sale of the auto-finance provider, according

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5 Questions with … Capital One President of Financial Services Sanjiv Yajnik  

Sanjiv Yajnik, president of financial services at Capital One, is exploring ways to blend digital tools

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Spotlight on innovation: 2024 Auto Finance Excellence Awards honor strategic leadership 

Auto lenders maintained steady operations through strong leadership and a commitment to innovation despite the tight

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Auto finance industry performance trending up (Big Wheels) 

A sequential dip in auto loan rejection rates and an increase in auto asset-backed securitization issuance

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US initial jobless claims decline to lowest level since April

Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating

  • Bloomberg News
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Rising inventories lead to ramp up of incentive spending

Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle

  • James Van Bramer
  • November 20, 2024

Lazydays F&I down 0.8% year over year 

RV dealer group Lazydays’ finance and insurance revenue inched down year over year in the third

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Ally Financial names Richard new CRO, other staff moves 

Ally Financial today announced the appointment of a 27-year veteran of the bank as the company’s

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Credit Union Auto Lending Surges

David Thompson

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