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Amanda Harris
  • 4:53 pm

Auto Finance Technology sponsored by InformedIQ

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Powell backs front-loading Fed rate hikes, says half-point on table

Federal Reserve Chair Jerome Powell blessed a half-point interest-rate hike next month and signaled support for

  • Bloomberg News
  • April 21, 2022

Citizens to ‘back off’ auto loans as commercial business grows

Citizens One Auto Finance plans to pull back on auto lending after the lender’s commercial business

  • Amanda Harris
  • April 20, 2022

Lithia Motors’ Q1 F&I revenue climbs 58% YoY

Lithia Motors’ finance and insurance (F&I) revenue increased for the sixth consecutive quarter to kick off

  • Whitney McDonald
  • April 20, 2022

Rising interest rates to further stifle affordability

Rising interest rates for auto loans are set to further suppress vehicle affordability as new vehicle

  • Joey Pizzolato
  • April 20, 2022

Consumer Portfolio Services expands financing into nonprime

Consumer Portfolio Services launched nonprime financing in the first quarter as the lender logged its “best

  • Amanda Harris
  • April 19, 2022

Truist Bank’s auto portfolio shrinks in Q1 2022

Truist Bank’s indirect auto portfolio fell both year over year and sequentially in the first quarter

  • Whitney McDonald
  • April 19, 2022

Fifth Third auto outstandings, LTVs tick up in Q1

Fifth Third Bank in the first quarter lowered auto loan production in order to enhance the

  • Amanda Harris
  • April 19, 2022

Toyota to invest $383 million to boost hybrid production in US

Toyota Motor Corp. is investing $383 million in four factories across the U.S. to boost production

  • Bloomberg News
  • April 19, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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