Risk Management
Westlake Portfolio Management to service Mechanic Bank’s auto portfolio
Westlake Portfolio Management has taken over servicing for Mechanics Bank Auto Finance’s portfolio. Westlake Portfolio Management (WPM) will service the...
American car, made in Korea: Why GM gets roiled by tariffs
Long gone are the days when an imported car meant a foreign car. And no company proves the point more...
Fed holds rates, sees risk of higher inflation and unemployment
Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of both...
Auto loan fraudsters punished with prison (Under the Hood)
Perpetrators of auto finance scams in multiple states are being sent to prison for their roles in fraudulent transactions, double-selling...
US House is likely to kill EV tax credit, Speaker Johnson says
Republicans in the US House are more likely than not to kill a consumer tax credit for electric vehicles, according...
Hyundai Capital America chief commercial officer Andrew Leone joins Auto Finance Summit East 2025
Auto Finance News is pleased to announce that Andrew Leone, chief commercial officer of Hyundai Capital America, will join an executive dialogue on...
Bracing for impact: Auto lenders respond to tariff uncertainty
The auto industry is benefiting from short-term sales demand driven in part by looming tariffs, but is bracing for the...
Trump signs order to prevent his auto tariffs from stacking on top of each other
President Donald Trump signed a pair of directives easing the impact of his tariffs on the automotive industry, yielding to...
