Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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James Van Bramer

Geely Automobile Holdings Ltd.'s Zeekr electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, Jiangsu Province, China, on Thursday, Aug. 24, 2023. Geely, one of China's largest independent carmakers, posted first-half earnings that beat estimates, weathering a price war that continues to hit the industry. Bloomberg

Sales & Marketing

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A worker on the assembly line at a car manufacturing facility in San Antonio, Texas.

Risk Management

US GDP growth was slower last quarter on soft consumer spending

byBloomberg News

September 18, 2024

The US economy grew at a slower pace in the...

The Marriner S. Eccles Federal Reserve Board Building in Washington, DC.

Risk Management

Fed: Incentives pick up as auto sales fall flat

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September 18, 2024

Automotive retail sales were mostly flat in April as manufacturers...

Technology

Auto lenders weigh sustainability in decisioning

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Fed signals rates will stay near zero for at least 3 years

Big Wheels

Big Wheels: New-, used-vehicle loan rates rise more than 50 bps

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Auto loan interest rates on new and used vehicles inched...

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US GDP growth was slower last quarter on soft consumer spending

The US economy grew at a slower pace in the first quarter than initially reported, primarily

Fed: Incentives pick up as auto sales fall flat

Automotive retail sales were mostly flat in April as manufacturers continued to offer incentives to spur

Auto lenders weigh sustainability in decisioning

Auto lenders are considering environmental factors when making financing decisions, a move that could affect which

Big Wheels: New-, used-vehicle loan rates rise more than 50 bps

Auto loan interest rates on new and used vehicles inched down sequentially in May but remained

AI trends: Rise of specialized chatbots

Google rebranded its AI chatbot Bard to Gemini, reflecting its advanced large language model capabilities. .

Under the Hood: Latest deal drives CU ABS volume over $4B

First Community Credit Union has joined the growing ranks of credit union auto loan securitizers. The

Early payment default rates double on kicked deals

Early payment defaults escalate auto fraud risk, which doubles when a loan rejected by one lender

CarNow eyes chatbot improvements, responsible AI use

Digital retail company CarNow is using AI to streamline operations and increase productivity for dealers. CarNow,

Credit Union Auto Lending Surges

David Thompson

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Federal Reserve announces emergency meeting on auto lending regulations • Click for details

MARKET SNAPSHOT

News Feed

Leasing reaches 35% of new EV purchases

US GDP growth was slower last quarter on soft consumer spending

Fed: Incentives pick up as auto sales fall flat

Auto lenders weigh sustainability in decisioning

Big Wheels: New-, used-vehicle loan rates rise more than 50 bps

News Feed

US GDP growth was slower last quarter on soft consumer spending

Fed: Incentives pick up as auto sales fall flat

Auto lenders weigh sustainability in decisioning

Big Wheels: New-, used-vehicle loan rates rise more than 50 bps

AI trends: Rise of specialized chatbots

Under the Hood: Latest deal drives CU ABS volume over $4B

Early payment default rates double on kicked deals

CarNow eyes chatbot improvements, responsible AI use

Credit Union Auto Lending Surges

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Beyond Rate Sheets: Modernizing Risk-Based Pricing in Auto Lending

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