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

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Risk Management

Bloomberg News

Risk Management

Fed raises interest rates to 22-year high, leaves door open for more

byBloomberg News

July 26, 2023

The Federal Reserve raised interest rates to the highest level...

Close up of back of car in dealership showroom

Risk Management

CULA expands footprint amid boost to lease demand

byRiley Wolfbauer

July 17, 2023

Credit Union Leasing of America is expanding its footprint nationally...

A person looks at a vehicle displayed for sale at a car dealership

Risk Management

More Americans are getting turned down for loans, Fed data shows

byBloomberg News

July 17, 2023

Americans are increasingly likely to get turned down when they...

Risk Management

Fed: Auto loan demand declines, new-car sales up

byAmanda Harris

July 13, 2023

Auto loan demand slowed in June amid high interest rates,...

Torsten Slok, managing director and chief international economist of Deutsche Bank AG, speaks during a Bloomberg Television interview in New York, U.S., on Monday, Oct. 3, 2016. Slok examined U.K. economic data and looks at how the weakness of the pound is keeping the nation out of recession.

Risk Management

Apollo’s chief economist says a ‘default cycle’ has begun due to Fed hikes

byBloomberg News

July 13, 2023

Corners of the consumer and corporate market are beginning to feel the...

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Subprime auto lender collapse delivers blow to risky debt market

The sudden collapse of a Texas subprime car lender is sending shock waves from border-town dealerships

Tricolor Auto Acceptance files for Chapter 7 bankruptcy

Tricolor Auto Acceptance filed for bankruptcy today following reports that the subprime auto lender had closed

EV sentiment falls to record low despite sales boost

EV sales forecasts look grim after the federal EV tax credit expires Sept. 30, dealers say.

Towable values down 6.4% YoY in July

Towable values dipped in July as the RV market approaches the end of its traditional seasonal

Octane’s Steve Daum joins Powersports Finance Summit 2025

Powersports Finance News is pleased to announce Steve Daum, senior vice president of sales and recreational

Fifth Third CEO says $200 million loan fraud is ‘one-off’ issue

Fifth Third Bancorp, which said it was the victim of fraud on a loan with a

JPMorgan, Fifth Third among banks facing Tricolor losses

JPMorgan Chase & Co., Fifth Third Bancorp and Barclays Plc are among banks bracing for potentially

Tricolor Auto may file for bankruptcy, sources say

Tricolor Auto Acceptance is preparing to file for bankruptcy as soon as today, putting a halt

Credit Union Auto Lending Surges

David Thompson

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

MARKET SNAPSHOT

Risk Management

Fed raises interest rates to 22-year high, leaves door open for more

CULA expands footprint amid boost to lease demand

More Americans are getting turned down for loans, Fed data shows

Fed: Auto loan demand declines, new-car sales up

Apollo’s chief economist says a ‘default cycle’ has begun due to Fed hikes

News Feed

Subprime auto lender collapse delivers blow to risky debt market

Tricolor Auto Acceptance files for Chapter 7 bankruptcy

EV sentiment falls to record low despite sales boost

Towable values down 6.4% YoY in July

Octane’s Steve Daum joins Powersports Finance Summit 2025

Fifth Third CEO says $200 million loan fraud is ‘one-off’ issue

JPMorgan, Fifth Third among banks facing Tricolor losses

Tricolor Auto may file for bankruptcy, sources say

Credit Union Auto Lending Surges

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