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Natalie Mattila

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Carvana holds off on loan sales

Carvana held onto a higher volume of finance receivables on its balance sheet in the first

Auto refinance market poised for growth

The auto refinance sector is preparing for a growth period when interest rates will stabilize on

Used-vehicle values post first sequential decline of 2023

Used-vehicle values posted their first sequential decline of the year in April as values continue to

PNC Financial’s floorplan utilization rate recovering

PNC Financial’s floorplan utilization rate is gradually returning to pre-pandemic levels as inventory on dealer lots

Credito Real USA eyes expansion on heels of acquisition

Subprime lender Credito Real USA is set on expanding its auto financing operations following Bepensa Capital’s

E-contracting volume ticks up 0.5%

Adoption of e-contracting among lenders continues to rise despite slowing origination volume, as evidenced by growth

Instant prequal tool boosts sales for dealers

Powersports dealers leveraging instant prequalifications are seeing double-digit growth in their number of funded deals. Octane’s

Fifth Third, Honda Finance, TDECU execs join Auto Finance Summit East

Auto finance executives will join Auto Finance News at 9:45 a.m. on May 11 at Auto

Credit Union Auto Lending Surges

David Thompson

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