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Bloomberg News
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SameDay director of servicing on program revisions, affordability 

SameDay Auto Finance has revised its lending program to account for rising losses and affordability challenges

  • Amanda Harris
  • December 14, 2023

Powersports financiers gain new market share amid CU tightening

Credit unions have lost ground in new-unit powersports financing this year amid rising rates and an

  • Riley Wolfbauer
  • December 14, 2023

Toyota Financial Services names Scott Cooke CEO 

Toyota Financial Services President and Chief Executive Mark Templin is stepping down as leader of the

  • Amanda Harris
  • December 13, 2023

Big Wheels: Average auto loan rejection rate ticks up to 11%

The average auto loan rejection rate increased year over year in October, bringing the average rejection

  • Riley Wolfbauer
  • December 13, 2023

Exeter joins AI-based lender Pagaya’s network 

Exeter Finance is leveraging financier Pagaya Technologies’ AI-based capabilities to improve funding and auto loan decisioning

  • Auto Finance News, AI-assisted
  • December 13, 2023

Fed holds rates steady again and pivots toward cuts in 2024

The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal

  • Bloomberg News
  • December 13, 2023

Hyundai eyes EV subscription expansion 

Hyundai Motor America is on track to expand its EV subscription service to 25 states by

  • Amanda Harris
  • December 12, 2023

Interest rates top auto lenders’ concerns for 2024

Interest rates will largely dictate how financial institutions manage risk and maintain origination volume in 2024.

  • Riley Wolfbauer
  • December 12, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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