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CFPB report on auto lending expected in Q1

LAS VEGAS — The American Financial Services Association is expecting an auto finance report from the

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Penske Auto sees strong credit availability despite lender pullback  

LAS VEGAS — Penske Automotive has seen no disruption in credit availability for its customer base

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AI-based lending boosts dealer profitability 

Dealers that combine AI-based financing capabilities with in-store sales processes are seeing increased profit per vehicle

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Polaris increases promotions amid pricing competition

Powersports manufacturer Polaris increased promotional activity in the fourth quarter amid heavy discounting by competitors as

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Fed holds rates steady and inches closer to cutting in future

The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness

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GM Financial lease return rates, lease originations rise YoY 

Improved penetration rates contributed to an uptick in GM Financial’s lease originations in the fourth quarter

  • Amanda Harris
  • January 30, 2024

Off the Lot: Forecasting performance in 2024 

Welcome to 2024 and to my new column in Auto Finance News, which we are calling

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Marine discounts on the rise

Boat discounts are picking up as manufacturers aim to move units amid increased inventory, high prices

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Credit Union Auto Lending Surges

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