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GM Financial originations up 1%, loan share shrinks

GM Financial’s origination volume was flat in the second quarter as the captive’s loan share declined,

Asbury F&I revenue falls 18% YoY

Automotive retailer Asbury Automotive saw a decline in finance and insurance revenue in the second quarter

Polaris incentives up 34% since yearend

Powersports manufacturer Polaris increased its promotional activity in the second quarter as North American retail sales

Tribal nations open innovative EV dealer licenses, tax options

An issue that continues to captivate the electric vehicle manufacturing and financing industry is state law

Fiat unveils first electric SUV

Italian car manufacturer Fiat revealed its all-electric B-segment SUV, featuring an urban driving range of close

Banks offload auto debt as deposits shrink

Banks offloaded auto debt in the second quarter as deposit activity slowed and financiers got more

Tenet bundles EV charging with vehicle loan in California

Electric vehicle financing company Tenet has rolled out a bundled finance offering in California allowing consumers

Podcast: ‘Weekly Wrap’ on Q2 bank earnings

Banks continued pulling back on auto in the second quarter, with nearly every bank except Chase

Credit Union Auto Lending Surges

David Thompson

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