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GM Financial, Westlake kick off 2023 with $2.3B in ABS deals

GM Financial and Westlake Financial are the first entrants into the auto asset-backed securities market in

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Stellantis sets up new car-software business Mobilisights

Stellantis NV is establishing a new unit to accelerate the rollout of car data applications and

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US hiring solid while wages cool, giving Fed room to slow hikes

The US labor market stayed strong last month and wage gains cooled, reducing risks of a

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2022 auto ABS issuance volume drops 17% YoY

Auto asset-backed securities volume dropped year over year as widening spreads and inflationary pressures created a

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Vehicle lending complaints climb 8% YoY

The volume of consumer complaints tied to auto loans increased 7.5% year over year in 2022,

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Valuation experts to discuss used-vehicle value trends at AFS East

Used-vehicle values rose substantially in 2020 and 2021 as supply chain shortages resulted in limited new-vehicle

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IRS ticks off Tesla, pleases Hyundai with EV credits

The US government has angered Tesla Inc.’s Elon Musk and handed welcome news to other automakers

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2022 new-vehicle sales forecast dips 8% YoY

New-vehicle sales are expected to improve in 2023 as 2022 numbers are projected to come in

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  • January 4, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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