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News Feed

Joey Pizzolato
  • 4:27 pm

Auto Finance Technology sponsored by InformedIQ

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Lower financing margin drives down Ford Credit EBT

A dip in financing margin along with lower credit loss and lease residual releases contributed to

  • Amanda Harris
  • February 3, 2023

Equipment Financers remain optimistic despite recession talks

Equipment financiers remain optimistic about 2023, even as inflation and recession fears continue to linger. “Our

  • Johnnie Martinez II
  • February 3, 2023

US payrolls surprise with surge as jobless rate hits 53-year low

The US labor market burned red-hot in January as hiring unexpectedly surged and unemployment fell to

  • Bloomberg News
  • February 3, 2023

More EVs will qualify for tax credits after US reverses course

The Biden administration will allow more cross-over SUVs to qualify for the newly-revamped electric vehicle tax

  • Bloomberg News
  • February 3, 2023

SCUSA names new president of Chrysler Capital, and other staff moves

Santander Consumer USA has appointed Betty Jotanovic president of Chrysler Capital and auto relationships. She will

  • Joey Pizzolato and Riley Wolfbauer
  • February 3, 2023

First Business extends $5.5M floorplan credit line to South Carolina dealer

First Business Specialty Finance, a subsidiary of First Business Bank, is funding a $5.5 million floorplan

  • Riley Wolfbauer
  • February 2, 2023

Massachusetts exempts auto loans from negative equity license requirement 

Auto lenders who finance negative equity have been given a reprieve from small loan licensing requirements

  • Amanda Harris
  • February 2, 2023

Under the Hood: Industry struggles drain $31B in market cap

Auto finance company stocks took a beating in 2020, but they were pummeled even further in

  • Marcie Belles
  • February 2, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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