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News Feed

Octane launches EV financing 

Powersports lender Octane is expanding into electric vehicle (EV) financing through a fresh partnership with electric

  • Amanda Harris
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Automakers brace for GOP-led house to try to erode EV incentives

Automakers have long relied on incentives to bolster the electric-vehicle market. With Republicans now set to

  • Bloomberg News
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30% of repo agencies shut down due to unprofitability 

SAN DIEGO — Repossession volume is expected to increase in the coming year, a challenge exacerbated

  • Riley Wolfbauer
  • November 17, 2022

F&I revenue surges across the board in Q3

Finance and insurance (F&I) revenue jumped up on a year-over-year basis at each of the major

  • Amanda Harris
  • November 16, 2022

Huntington leverages location data to improve repo recovery rates  

SAN DIEGO — Lenders looking to drive recovery rates and keep costs down should provide accurate

  • Riley Wolfbauer
  • November 16, 2022

ABS losses tick up in October 

Annualized net losses ticked up across auto asset-backed securitization (ABS) transactions in October even as delinquencies

  • Amanda Harris
  • November 16, 2022

ATPs rise to near-record high in October

Average transaction prices (ATPs) rose in October, nearing the record high set in August after September

  • Riley Wolfbauer
  • November 15, 2022

Under the Hood: Financiers reinvent leasing amid slump

Financiers are refreshing their product pipelines as leasing’s popularity has taken a hit. The one-two punch

  • Marcie Belles
  • November 15, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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