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

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Joey Pizzolato

Auto Finance Technology sponsored by InformedIQ

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HDFS raises provisions 82% YoY as credit performance deteriorates

Harley-Davidson Financial Services increased its provision for credit losses in the first quarter as realized retail

Carvana cost of funds rises as expected losses increase

Cost of funds for Carvana’s first nonprime asset-backed securities deal since March 2022 increased as expected

Subprime lending execs will take the stage at AFS East

Executives from subprime lenders Automotive Credit Corp., Flagship Credit Acceptance and Tricolor Auto will take part

US economic growth slows to 1.1% while inflation accelerates

US economic growth slowed in the first quarter by more than expected as tepid business investment

GTE FCU issues $200M ABS deal in second issuance

GTE Federal Credit Union came to market Monday with a $202.8 million transaction backed by prime

Fed: Vehicle sales were mixed in April amid high interest rates

Auto sales were mixed in April as improving vehicle supply propped up sales, but high interest

Group 1, Penske F&I revenue falters as floorplan expenses increase

Finance and insurance revenue at Group 1 and Penske Automotive dipped in the first quarter, snapping

GM Financial loan originations up 12% amid strong sales, penetration

Higher retail sales along with an increase in average loan amounts financed and a stronger share

Credit Union Auto Lending Surges

David Thompson

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