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Natalie Mattila

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Aston Martin to raise £210 million from its backers to cut debt

Aston Martin Lagonda Global Holdings Plc plans to raise £210 million ($270 million) by selling new

Ford Credit profitability declines amid high funding costs

Ford Credit’s consumer portfolio grew in the second quarter while credit performance remained steady and lower

Penske Auto floorplan interest expense jumps 242% YoY

Penske Automotive logged an increase in floorplan interest expense in line with other publicly traded automotive

Utilizing generative AI to increase collections

CHICAGO — Collections agencies are using generative AI to improve internal operations and increase conversion rates,

3 strategies to improve collections

CHICAGO — Lenders should be more strategic in collecting outstanding debt as consumers find it more

Driveway Finance originations dip amid profitability focus

Driveway Finance Corp.’s originations declined sequentially in the second quarter as Lithia Motors prioritized profitability and

HDFS originations slide, losses rise

Harley-Davidson Financial Services’ origination volume shrank in the second quarter as credit losses picked up and

Credit Union Auto Lending Surges

David Thompson

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