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Joey Pizzolato
  • 5:00 pm

Auto Finance Technology sponsored by InformedIQ

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Truist pulls back auto lending in Q2

Truist’s auto portfolio decreased in the second quarter as the bank intentionally pulled back and tightened

  • Riley Wolfbauer
  • July 20, 2023

Auto ABS nonprime losses rise 197 bps YoY

Credit performance across securitized prime and nonprime auto loan pools weakened further in June in line

  • Amanda Harris
  • July 20, 2023

Ford Credit’s Jim Drotman to lead fireside chat at 2023 Auto Finance Summit

Jim Drotman, executive vice president of Ford Pro FinSimple at Ford Credit, will discuss commercial and

  • Amanda Harris
  • July 20, 2023

Carvana originations taper amid debt restructure

Carvana’s loan sales in the second quarter outpaced origination volume and drove up finance gross profit

  • Joey Pizzolato
  • July 19, 2023

Ally Financial originations down 22% YoY amid tight credit requirements

Ally Financial’s auto originations declined 22% year over year as the bank prioritized higher-quality credit, while

  • Amanda Harris
  • July 19, 2023

U.S. Bank’s Kristina Bolte talks omnichannel in powersports

U.S. Bank is bringing lessons learned from auto into powersports finance. The Minneapolis-based bank is doubling

  • Johnnie Martinez II
  • July 19, 2023

Citizens Financial auto book runs off 25%

Citizens Financial Group’s auto book fell 9.6% sequentially in the second quarter following the bank’s decision

  • Amanda Harris
  • July 19, 2023

U.S. Bank auto originations shrink in Q2

U.S. Bank’s auto originations declined in the second quarter as the bank focuses on high-margin lines

  • Riley Wolfbauer
  • July 19, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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