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Auto ABS issuers to inject $4.6B into secondary market amid benchmark shift

This week was ripe with new auto asset-backed securities (ABS) deals set to enter the capital

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Huntington posts record Q1 originations despite tight supply

Huntington Auto Finance posted a quarterly record in auto originations despite continued supply chain concerns. Originations

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Powell backs front-loading Fed rate hikes, says half-point on table

Federal Reserve Chair Jerome Powell blessed a half-point interest-rate hike next month and signaled support for

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Citizens to ‘back off’ auto loans as commercial business grows

Citizens One Auto Finance plans to pull back on auto lending after the lender’s commercial business

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Lithia Motors’ Q1 F&I revenue climbs 58% YoY

Lithia Motors’ finance and insurance (F&I) revenue increased for the sixth consecutive quarter to kick off

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Rising interest rates to further stifle affordability

Rising interest rates for auto loans are set to further suppress vehicle affordability as new vehicle

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Consumer Portfolio Services expands financing into nonprime

Consumer Portfolio Services launched nonprime financing in the first quarter as the lender logged its “best

  • Amanda Harris
  • April 19, 2022

Truist Bank’s auto portfolio shrinks in Q1 2022

Truist Bank’s indirect auto portfolio fell both year over year and sequentially in the first quarter

  • Whitney McDonald
  • April 19, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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