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

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Morgan Auto average loan term reaches 77 months

LAS VEGAS — Florida auto dealer Morgan Automotive Group’s average auto loan term is about 77

TD Auto eyeing 70% automated decisioning by yearend 

LAS VEGAS — TD Auto Finance has scaled up automated decisioning over the past year as

AI agents parse data, pare manual work for auto lenders 

LAS VEGAS — Auto lenders are using AI to comb through large amounts of consumer data

Yamaha, Deere partner on side-by-sides

Yamaha Motor and John Deere are teaming up to develop side-by-side vehicles, combining their respective engineering

Carvana’s financing penetration reaches 85%

LAS VEGAS — Carvana’s financing penetration is at 85% thanks to its full credit spectrum offerings

Santander Consumer USA builds funding stability as it expands prime auto lending

LAS VEGAS — Santander Consumer USA has shifted its funding strategy and expanded dealer-facing initiatives as

Deloitte’s Kalish: ‘Now is not the time’ for auto lenders to expand credit

LAS VEGAS — Auto lenders may want to hold off on expanding their credit box in

Wells Fargo head of auto IDs three investment areas for growth 

LAS VEGAS — Wells Fargo Auto is fueling portfolio growth with investments in talent, decisioning capabilities

Credit Union Auto Lending Surges

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