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News Feed

Bruce Newmark
  • 3:11 pm

Auto Finance Technology sponsored by InformedIQ

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Credit tightening contributes to subprime market shrink

Subprime market share continued to decline across total new- and used-auto loans in the fourth quarter

  • Riley Wolfbauer
  • February 29, 2024

Polestar borrows $1 billion to fund rollout of electric vehicles

Polestar has raised $950 million in debt financing as the struggling luxury EV maker seeks funding

  • Bloomberg News
  • February 29, 2024

Some captives charging dealers for failing to process loans digitally

Hyundai Capital America is charging dealers fees for paper contracts to get them to switch to

  • Amanda Harris
  • February 28, 2024

Rates continue to pressure refinance savings

High interest rates are leading to lower savings for consumers when they refinance their vehicle, but

  • Riley Wolfbauer
  • February 28, 2024

Wells Fargo Commercial Auto pilots dealer floorplan platform enhancements

Wells Fargo Commercial Auto is looking to deploy new enhancements to its dealer floorplan platform as

  • Joey Pizzolato
  • February 28, 2024

On the Road Lending to join charity luncheon at AFS East 2024

Participants in the Auto Finance Summit East event are invited to an exclusive networking and charity

  • Amanda Harris
  • February 28, 2024

Honda to sell plug-in hydrogen vehicle in North America, Japan

Honda Motor Co. will introduce a hydrogen fuel cell vehicle that can also be recharged, becoming

  • Bloomberg News
  • February 28, 2024

Leverage Generative AI: Reducing Delinquencies in Subprime Auto Loans

⏯️ Play the Audio Demo Delinquency rates have risen to historic highs, with 6.11% of subprime

  • Skit.ai
  • February 28, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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