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Bank of America predicts national EV penetration at 25% by 2027 

Bank of America estimates that EV sales penetration will slowly build over the next three years

Big Wheels: $91.2B in auto ABS volume outpaces 2023 

Auto asset-backed securitization volume is steadily climbing as weekly reports through the first half of 2024

CACC extends credit facility amid portfolio growth 

Credit Acceptance Corp. has extended its credit facility with a commercial bank syndicate and updated the

EV maker Fisker files for bankruptcy after its glitchy SUV flops

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Podcast: ‘Weekly Wrap’ on loan production, inflationary pressures 

The auto finance industry is showing slight improvements in affordability and loan production while worsening credit

Auto lenders look to balance customer service with compliance

As the Consumer Financial Protection Bureau picks up steam fresh off a Supreme Court win, auto

Big Wheels: Auto finance industry performance stable

The auto finance industry’s overall performance has been relatively stable for the past two months. Auto

Nonprime lenders project originations to grow in 2024 despite rising cost of funds  

Nonprime lenders project originations to grow in 2024 despite the increasing cost of funds and the

Credit Union Auto Lending Surges

David Thompson

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