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Capital One originations plummet in margin realignment

Capital One auto originations plummeted on a year-over-year basis as the lender continues its yearlong pull

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When rates take a hike, do auto lenders change strategies?

Ongoing digitalization, unpredictable inflation, increasing cost of funds, changing consumer expectations and an emerging wave of

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SVB, Fed guilty of poor management

Silicon Valley Bank and federal regulators alike let poor management slide for several years — leading

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April SAAR expected to hit 15.1M units

New-vehicle sales are forecast to improve on a month-over-month basis in April as more favorable seasonal

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HDFS raises provisions 82% YoY as credit performance deteriorates

Harley-Davidson Financial Services increased its provision for credit losses in the first quarter as realized retail

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  • April 27, 2023

Carvana cost of funds rises as expected losses increase

Cost of funds for Carvana’s first nonprime asset-backed securities deal since March 2022 increased as expected

  • Amanda Harris and Joey Pizzolato
  • April 27, 2023

Subprime lending execs will take the stage at AFS East

Executives from subprime lenders Automotive Credit Corp., Flagship Credit Acceptance and Tricolor Auto will take part

  • Riley Wolfbauer
  • April 27, 2023

US economic growth slows to 1.1% while inflation accelerates

US economic growth slowed in the first quarter by more than expected as tepid business investment

  • Bloomberg News
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Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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