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News Feed

Amanda Harris
  • 3:34 pm

Auto Finance Technology sponsored by InformedIQ

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Industry vet Chuck Jones retires after 41 years, other staff moves

Chuck Jones, executive vice president and chief operating officer of dealer financial services at Truist, retired

  • Riley Wolfbauer
  • March 3, 2023

VW jumps as better chip supplies are set to fuel sales surge

Volkswagen AG expects to sidestep a slowing economy with a jump in sales this year as

  • Bloomberg News
  • March 3, 2023

Octane issues $407M ABS deal

Powersports lender Octane has closed a $406.9 million asset-backed securitization (ABS) deal backed by fixed-rate installment

  • Amanda Harris
  • March 3, 2023

Equipment finance executives evaluate importance of vetting financing partners

Equipment dealers must evaluate their vetting process for third-party financing partners to stop bad actors and

  • Johnnie Martinez II
  • March 3, 2023

Digital channels key to securing equipment, work truck sales leads

Equipment and work truck dealers should leverage online sales channels to secure leads and widen the

  • Joey Pizzolato
  • March 3, 2023

ABS credit performance inches closer to pre-pandemic levels

Delinquencies are ticking closer to pre-pandemic levels across prime and nonprime securitized auto loan pools, likely

  • Amanda Harris
  • March 2, 2023

Retailers see triple-digit increase in floorplan expense

Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases,

  • Riley Wolfbauer
  • March 2, 2023

US jobless claims edge lower in sign of strong labor market

Applications for US unemployment benefits eased last week and a measure of labor costs remained firm

  • Bloomberg News
  • March 2, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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