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CPS AI voice bot to target collections 

Consumer Portfolio Services is using artificial intelligence to improve collections, streamline communication with consumers and fund

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Carvana originations up 38% YoY 

Carvana’s originations increased in the second quarter, driven by growth in retail sales, as results continued

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Panelists address demand, values at PowerSports Finance Summit 2024 

The Auto Finance News team is pleased to share that powersports leaders from JD Power, National

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VW seeks deeper cost cuts to bolster returns in tough market

Volkswagen AG is pushing for more cost reductions to better compete in a slowing market marred

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Toyota Motor Corp.’s profit climbed in the latest quarter after a weak yen and robust demand

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AutoNation originations surpass $240M 

AutoNation Finance’s originations increased year over year in the second quarter but cyberattacks against dealership software

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CPS originations up 36% year over year 

Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based

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Octane appoints CFO as first president 

Powersports lender Octane today appointed Chief Financial Officer Steven Fernald to serve as the company’s first

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Credit Union Auto Lending Surges

David Thompson

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