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CPS originations up 75% YoY in Q2 

Consumer Portfolio Services‘ originations rose 75% year over year in the second quarter while credit performance

Credit Acceptance Corp. originations steady in Q2 

Subprime lender Credit Acceptance Corp.‘s originations volume ticked up in the second quarter on a dollar

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp.,

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of

FinBe taps Westlake Portfolio Services to service 2025 securitization pool

Nonprime auto lender FinBe USA this week entered into a subservicing agreement with Westlake Portfolio Management

Yamaha Motor to end in-house ROV production, cut about 200 positions

Yamaha Motor will end in-house recreational off-highway vehicle production and shift to partner-supplied models. The revised

US job openings edged down in June, layoffs remained limited

US job openings eased in June but hiring picked up, indicating relatively steady demand for workers

Negative equity adds $12K to vehicle loan on trade-ins in H12026

Consumers have more negative equity in their cars this year than they did in 2025, and

Credit Union Auto Lending Surges

David Thompson

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