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

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Joey Pizzolato

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Fed: Interest rates drive sales as manufacturing rebounds

Low interest rates are a key driver in boosting sales as auto manufacturers ramp up production

US hiring rebound markedly slows amid surge in virus cases

The U.S. labor-market rebound markedly slowed in November, indicating the surge in Covid-19 cases is hitting

Subprime lending share nears Great Recession lows

Subprime financing segments declined to near-record lows in the third quarter on the heels of tightened

Remote work to continue in 2021, lenders say

Many auto lenders are planning to keep their offices operating remotely until mid-2021 due to ongoing

Banks to decrease reserve balances through yearend

Major domestic banks are pumping the brakes on increasing reserve balances in the fourth quarter amid

Vehicle interest rates fall to lowest since 2017

National vehicle interest rates haven’t been this low since August 2017, with year-over-year declines each month

Chasing Excellence: Ravi Raghu, Auto Finance Executive of the Year

At the end of January, on the heels of an 11% year-over-year increase in origination volume

PNC eyes footprint expansion with BBVA acquisition

PNC Financial Services has set its sights on expanding its footprint with its $11.6 billion purchase

Credit Union Auto Lending Surges

David Thompson

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