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CarMax Auto Finance provision for credit losses up 25% 

CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses,

  • Amanda Harris
  • September 26, 2024

Losses rise across prime, nonprime securitized auto loans (Big Wheels) 

Losses across prime and nonprime securitized auto loans increased sequentially and year over year as auto

  • Amanda Harris
  • September 25, 2024

Used EV sales rise 64.4% year over year 

Sales of used and new EVs increased month over month and year over year in August

  • Ash Savage
  • September 25, 2024

Boosting Market Share: How Auto Lenders Can Leverage Real-time Data To Get Ahead

The automotive retail industry has experienced significant ups and downs since the COVID-19 pandemic. During the

  • S&P Global Mobility
  • September 25, 2024

Compliance experts to discuss strategy at Auto Finance Summit 2024 

Auto Finance News is pleased to announce that industry experts Michael Benoit, James Nance and Kenneth

  • Amanda Harris
  • September 25, 2024

Leasing drives EV adoption, but consumer skepticism persists

EV leasing has helped drive adoption, but more education is needed to win over skeptical consumers.

  • James Van Bramer
  • September 24, 2024

Thor incentives rise as yearend sales decline 

RV retailer Thor Industries increased promotional offers year over year in the fourth quarter of its

  • Ash Savage
  • September 24, 2024

2 ways AI can assist lenders with compliance 

Artificial intelligence can help auto lenders streamline compliance while making operations more efficient. Here are two

  • Amanda Harris
  • September 24, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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