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Bloomberg News
  • 9:24 am

Auto Finance Technology sponsored by InformedIQ

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Wells Fargo Auto originations decline 18%

Wells Fargo Auto tallied a dip in origination volume during the first quarter as the bank’s

  • Joey Pizzolato
  • April 12, 2024

Chase Auto originations tick down 3%

Chase Auto’s first-quarter originations dipped year over year as the bank prioritized margins. Auto originations totaled

  • Amanda Harris
  • April 12, 2024

EV leasing doubles YoY as sales growth slows

The share of leased EVs more than doubled year over year in the first quarter as

  • James Van Bramer
  • April 12, 2024

Credit availability improves for second month in row

Auto credit access eased across all lender types in March, with captives loosening the most, marking

  • James Van Bramer
  • April 11, 2024

Credit tightening at CarMax Auto Finance paves way for ACL reduction  

Ongoing credit tightening at CarMax Auto Finance paved the way for allowance for credit loss reductions

  • Joey Pizzolato
  • April 11, 2024

Synchrony expands BRP financing relationship

Synchrony Financial is providing promotional financing for Canadian powersports manufacturer Bombardier Recreational Products. The lender on

  • Ash Savage
  • April 11, 2024

BMW leverages AI process mining to improve ops 

BMW has expanded its use of data processing provider Celonis’ AI-based data models to increase efficiency

  • Amanda Harris
  • April 10, 2024

Evolving state legislation, regulatory trends impact credit union leasing programs  

In today’s high interest rate environment, consumers are increasingly turning to leasing as a better, more

  • Jessica Gonzalez, Informed.IQ
  • April 10, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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