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Bank of America, Freedom CU, West Aircomm FCU named in repo complaints

Pennsylvania courts are cracking down on repossession-related offenses, as evidenced by a trio of recent cases.

Rental companies offload high-mileage units amid tight OEM supply

Rental fleet companies are offloading older, higher-mileage vehicles as they work to meet demand and as

Nominations for the 2023 Auto Finance Excellence Awards now open

Nominations are now open for the 2023 Auto Finance Excellence Awards, which celebrate achievement in the

Podcast: ‘Weekly Wrap’ discussion on captive earnings

Captives’ second quarter earnings were mixed as rising interest rates push down origination volume and lenders

Tesla EVs on track to depreciate 20%, outpacing ICE vehicles

Electric vehicles are depreciating at a faster rate than the overall used-vehicle market on the heels

Aston Martin to raise £210 million from its backers to cut debt

Aston Martin Lagonda Global Holdings Plc plans to raise £210 million ($270 million) by selling new

Ford Credit profitability declines amid high funding costs

Ford Credit’s consumer portfolio grew in the second quarter while credit performance remained steady and lower

Penske Auto floorplan interest expense jumps 242% YoY

Penske Automotive logged an increase in floorplan interest expense in line with other publicly traded automotive

Credit Union Auto Lending Surges

David Thompson

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