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Auto lenders personalize financing through connected tech

Auto financiers can leverage connected vehicle technology to offer services such as in-vehicle purchases, maintenance financing

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NY Green Bank expands Tenet warehouse line following SVB collapse

EV financing fintech Tenet has expanded its revolving credit facility with NY Green Bank following the

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Shift Technologies cuts staff by 30% in February

Used-vehicle online retailer Shift Technologies cut staff following completion of its merger with used-vehicle marketplace CarLotz

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Auto loans 60-plus days delinquent reach record high

Delinquencies reached record highs in the first quarter as consumers fall behind amid elevated vehicle prices

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CFPB homes in on stress tests, nonbanks after SVB collapse

LAS VEGAS — The Consumer Financial Protection Bureau is placing more emphasis on liquidity, stress testing

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Used inventory trending toward lower-priced units

More lower-priced used vehicles are available this March than in March 2022, even as overall inventory

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Ford Credit, GM Financial, HCA prep prime ABS deals

Three prime issuers are gearing up to enter the auto asset-backed securities market following Silicon Valley

  • Joey Pizzolato
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EV charging stations offer opportunity for lenders

LAS VEGAS — Electric vehicle charging stations pose an opportunity for auto lenders amid specific requirements

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Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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