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CrowdStrike outages affect banks’ auto finance ops 

Several banks with large auto finance portfolios faced operations disruptions following an IT outage at cybersecurity

  • Amanda Harris
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Leases 64% of Ally Financial EV originations

Ally Financial originated $639 million in battery EV and hybrid leases during the second quarter spurred,

  • James Van Bramer
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Big Wheels: New-vehicle loan amounts fall 0.8% 

Average loan amounts on new vehicles have fallen from peaks reported in September 2022 but are

  • Ash Savage
  • July 19, 2024

Beige Book: Auto sales mixed after CDK cyberattack 

Auto sales were mixed in June as several dealerships reported that sales were down, in part

  • James Van Bramer
  • July 18, 2024

U.S. Bank originations up 21.5% 

U. .S. . Bank’s originations climbed year over year in the second quarter as banks’ Q2

  • Ash Savage
  • July 18, 2024

Under the Hood: Financiers seek creative partnerships to bolster volume 

Auto financiers worldwide are extending their reach to boost volume, teaming up with companies to expand

  • Marcie Belles
  • July 18, 2024

Powersports leaders to discuss online engagement, boosted sales

Powersports executives will take the stage on Oct. 10 at 2:30 p.m. to discuss online engagement

  • Ash Savage
  • July 18, 2024

Initial jobless claims in US increase by most since early May

Initial applications for US unemployment benefits rose last week by the most since early May and

  • Bloomberg News
  • July 18, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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