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Stellantis offers US employees buyouts in new round of job cuts

Stellantis NV will offer voluntary buyouts to US employees as the carmaker looks to cut costs

  • Bloomberg News
  • July 31, 2024

Net losses rise across prime, nonprime auto ABS 

Credit performance across prime and nonprime securitized auto loan pools continued to weaken in June, driven

  • Amanda Harris
  • July 30, 2024

Big Wheels: Used-vehicle values fall 6% YoY 

Used-vehicle values decreased year over year in July after trending downward since April but ticked up

  • James Van Bramer
  • July 30, 2024

June motorhome values up 0.5% YoY 

Mortorhome values increased while towable values fell year over year in June. Average motorhome values jumped

  • Ash Savage
  • July 30, 2024

Ford Credit EVP joins Auto Finance Summit 2024

Ford Credit Executive Vice President for North America Shannon Mokhiber will sit down for a one-on-one

  • James Van Bramer
  • July 30, 2024

Ford Credit finance penetration rate halved in China 

Ford Credit’s penetration rate in China was nearly halved in the second quarter while the lender’s

  • Amanda Harris
  • July 29, 2024

Podcast: ‘Weekly Wrap’ on leasing, HOG earnings 

Captives’ second-quarter earnings last week reflected portfolio growth despite affordability and incentive challenges. Ford Credit and

  • Amanda Harris
  • July 29, 2024

MarineMax F&I revenue increases 3.7% 

Marine retailer MarineMax’s third-quarter earnings reflected strong finance and insurance activity even as inflationary pressures and

  • Ash Savage
  • July 29, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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