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News Feed

Under the Hood: Executive compensation drops 5% in 2023

Though base salaries and stock awards increased, smaller bonuses drove a 5% decline in auto finance

  • Marcie Belles
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Sampang named CIO for Toyota Financial, other staff moves

Toyota Financial Services has appointed Anna Sampang group vice president and chief information officer, effective March

  • James Van Bramer
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Overdue bills are rising with US debt delinquencies, Fed survey shows

US household debt has reached a record and more borrowers are struggling to keep up. .

  • Bloomberg News
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UACC auto originations up 15%

United Auto Credit Corp.‘s auto loan originations increased by 15% year over year in the first

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Capital constraints prompt mixed origination outlook   

TD Auto Finance and Avid Acceptance expect auto origination volume to be flat to moderately lower

  • Ash Savage
  • May 13, 2024

Podcast: ‘Weekly Wrap’ on underwriting themes at AFS East 2024 

Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit

  • Amanda Harris
  • May 13, 2024

Biden to hike tariffs on China EVs and offer solar exclusions

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other

  • Bloomberg News
  • May 13, 2024

Big Wheels: Lease ABS volume rises 65%

Auto asset-backed securitization volume continues to outpace 2023 levels, driven by growth in lease and prime

  • Amanda Harris
  • May 13, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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