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Bloomberg News
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Auto Finance Technology sponsored by InformedIQ

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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

EV Life expands into used-EV financing 

Electric vehicle fintech EV Life has launched used-EV financing as an influx of used EVs hits

  • Amanda Harris
  • February 27, 2024

Under the Hood: Lenders seek to expand sales, IT, collections teams 

Collection and IT executives are still high on lenders’ hiring lists, but sales and origination staff

  • Marcie Belles
  • February 27, 2024

Apple cancels work on electric car, ending decadelong effort

Apple Inc. is canceling a decadelong effort to build an electric car, according to people with

  • Bloomberg News
  • February 27, 2024

Vroom’s Shortt to lean into advanced analytics, AI in United Auto Credit revamp  

Incoming Vroom Chief Executive Tom Shortt has big plans for financier United Auto Credit as he

  • Joey Pizzolato
  • February 26, 2024

E-contracting origination volume increases 21% YoY

Digitally originated auto loan contract volumes increased 21% across the industry during the fourth quarter as

  • Riley Wolfbauer
  • February 26, 2024

Podcast: ‘Weekly Wrap’ on aftermarket compliance, EVs 

Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry

  • Amanda Harris
  • February 26, 2024

Li Auto posts first yearly profit but sees challenges ahead

Li Auto Inc. swung to a profit last year after deep discounting to fend off rising

  • Bloomberg News
  • February 26, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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