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Marcie Belles
  • 5:42 pm

Auto Finance Technology sponsored by InformedIQ

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Increased credit loss provisions, borrowing costs dampen HDFS income

Harley-Davidson Financial Services’ provision for credit losses ticked up and borrowing costs rose, resulting in declining

  • Johnnie Martinez II
  • February 2, 2023

Ferrari raises earnings outlook on robust luxury-car demand

Ferrari NV raised its outlook on strong demand for high-margin models like its new €390,000 ($428,000)

  • Bloomberg News
  • February 2, 2023

SCUSA, AutoFi prep national rollout of direct-to-consumer marketplace

Santander Consumer USA has expanded its partnership with digital commerce fintech AutoFi and is preparing for

  • Joey Pizzolato
  • February 1, 2023

CAC consumer loan assignment volume increases 26%

Subprime auto lender Credit Acceptance Corp. grew both the number and value of its consumer loan

  • Riley Wolfbauer
  • February 1, 2023

Subscription provider FINN launches fleet services

Car subscription provider FINN has expanded into business fleet subscriptions following a launch in the United

  • Amanda Harris
  • February 1, 2023

Fed slows rate hikes, signals further increases are coming

The Federal Reserve slowed its drive to rein in inflation and said further interest-rate hikes are

  • Bloomberg News
  • February 1, 2023

Cat Financial revenues jump despite drop in new business volume

Cat Financial, the finance subsidiary of equipment manufacturer Caterpillar, posted increased revenues despite declining new business

  • Johnnie Martinez II
  • February 1, 2023

GM Financial originations climb, retail penetration falls

GM Financial bolstered its origination volume in the fourth quarter of 2022 despite retail penetration falling

  • Joey Pizzolato
  • January 31, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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