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

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Underwater trade-ins are costing new car buyers almost $6,000

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October 5, 2023

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CACC portfolio growing amid industry softening

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November 6, 2023

Auto lender Credit Acceptance Corp. logged portfolio growth through the...

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Transformation strategy leaders to discuss new ownership models at AFS 2023

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Auto finance industry strategy leaders will discuss how to navigate...

United Auto Workers (UAW) members and supporters on a picket line outside the General Motors Co. Flint Processing Center in Swartz Creek, Michigan, US, on Monday, Sept. 25, 2023. General Motors and Stellantis NV face walkouts at 38 more facilities as talks with their workers' union failed to make headway, even as Ford Motor Co. was spared the escalation after making progress in the negotiations.

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GM prepares $6 billion credit line to cushion strike costs

byBloomberg News

October 4, 2023

General Motors Co. is setting up a $6 billion line...

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CACC portfolio growing amid industry softening

Auto lender Credit Acceptance Corp. logged portfolio growth through the first half of the year amid

Dealership sales: What happens to floorplan?

What happens when a dealership changes hands? Floorplan lines of credit, mortgages and other debt must

Transformation strategy leaders to discuss new ownership models at AFS 2023

Auto finance industry strategy leaders will discuss how to navigate novel ownership models with flexibility on

GM prepares $6 billion credit line to cushion strike costs

General Motors Co. is setting up a $6 billion line of credit to shore up liquidity,

OEMs aim for set pricing on EVs

Manufacturers are pushing for set prices on EVs by keeping margins tight, while online ordering is

Ally Financial starts job cuts with less than 5% of staff affected

Ally Financial Inc. started cutting jobs on Monday, initiating a workforce reduction that will affect less

Tesla, Rivian EV deliveries up YoY in Q3

Electric vehicle deliveries picked up on a year-over-year basis in the third quarter on the heels

Podcast: ‘Weekly Wrap’ on Q3 sales, UAW strike, EVs

Third-quarter new vehicle sales are forecast to finish higher year over year after a strong September

Credit Union Auto Lending Surges

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

MARKET SNAPSHOT

News Feed

Underwater trade-ins are costing new car buyers almost $6,000

CACC portfolio growing amid industry softening

Dealership sales: What happens to floorplan?

Transformation strategy leaders to discuss new ownership models at AFS 2023

GM prepares $6 billion credit line to cushion strike costs

News Feed

CACC portfolio growing amid industry softening

Dealership sales: What happens to floorplan?

Transformation strategy leaders to discuss new ownership models at AFS 2023

GM prepares $6 billion credit line to cushion strike costs

OEMs aim for set pricing on EVs

Ally Financial starts job cuts with less than 5% of staff affected

Tesla, Rivian EV deliveries up YoY in Q3

Podcast: ‘Weekly Wrap’ on Q3 sales, UAW strike, EVs

Credit Union Auto Lending Surges

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