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News Feed

Capital constraints prompt mixed origination outlook   

TD Auto Finance and Avid Acceptance expect auto origination volume to be flat to moderately lower

  • Ash Savage
  • May 13, 2024

Podcast: ‘Weekly Wrap’ on underwriting themes at AFS East 2024 

Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit

  • Amanda Harris
  • May 13, 2024

Biden to hike tariffs on China EVs and offer solar exclusions

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other

  • Bloomberg News
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Big Wheels: Lease ABS volume rises 65%

Auto asset-backed securitization volume continues to outpace 2023 levels, driven by growth in lease and prime

  • Amanda Harris
  • May 13, 2024

Avid Acceptance dips into lower credit tiers after originations plummet 80%

Avid Acceptance has expanded into its lower credit tiers after originations plummeted in 2023 amid a

  • James Van Bramer
  • May 10, 2024

Lendbuzz retrains credit models as expansion sees defaults double 

AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting

  • Amanda Harris
  • May 10, 2024

3 drivers for AI integration at GM Financial

GM Financial is looking to AI to streamline processes and boost customer experience, Chitra Herle, global

  • Whitney McDonald
  • May 10, 2024

RumbleOn F&I revenue falls 5.8% QoQ 

Powersports retailer RumbleOn is working closely with manufacturers to align inventory with market realities as retail

  • Ash Savage
  • May 10, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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