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

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Nicole Casperson and Joey Pizzolato

Auto Finance Technology sponsored by InformedIQ

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Weekly Wrap: COVID-19 economy puts pressure on residual values [Video]

The coronavirus economy and weaker consumer demand have created substantial risk for used vehicles as large

Ford Credit ABS increases excess spread to pad losses

Ford Motor Credit increased its excess spread by 42 basis points in its latest asset-backed securitization

Big Wheels: Outstandings hit record $1.2T despite slowdown

The auto finance market eked out 4.6% in growth in 2019, as loan and lease outstandings

Harley makes acting CEO permanent after well-received debut

Harley-Davidson Inc.’s acting chief executive officer will take over the job permanently after winning over investors

Another 3.17 million filed for US jobless benefits last week

The number of Americans filing for unemployment benefits topped 3 million for a seventh straight week,

Hertz and Avis cancel orders in setback for ailing carmakers

Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been working

GMF has $3.7B for potential residual value declines

GM Financial is gearing up for potential losses on off-lease residual values as the extent of

F&I revenues climb at Group 1, fall off at Asbury

Automotive retailers Asbury Automotive and Group 1 Automotive are increasing cash reserves as vehicle sales drop

Credit Union Auto Lending Surges

David Thompson

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