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Aftermarket product chargebacks cut into dealer F&I profit

Chargebacks related to early cancellations of aftermarket products are squeezing already tight finance and insurance profits

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Upgrade eyes $1B auto originations by yearend 

Fintech Upgrade is looking to double its auto originations in 2025 after finalizing its first full

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Fifth Third auto net charge-offs rise in Q4 

Fifth Third Bank’s auto outstandings grew in the fourth quarter while credit losses rose. The bank’s

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Vehicle loan pricing to fluctuate in 2025 (Big Wheels) 

The price of a vehicle loan is expected to continue fluctuating in 2025 and land higher

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CFPB fines American Honda Finance $12.8M

American Honda Finance Corp. is being hit with a $12.8 million fine by the Consumer Financial

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Huntington Bank auto originations up 83%

Regional bank‘s’ fourth-quarter earnings primarily showcased growth in auto finance, mirroring similar results reported by national

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RumbleOn names Quartieri CEO in shakeup 

Recent leadership changes at powersports retailer RumbleOn are making the company temporarily noncompliant with listing requirements

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Stellantis North American shipments fall 28% 

Stellantis’ North American sales and shipments declined in the fourth quarter as the automaker looked to

  • Amanda Harris
  • January 17, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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