• Tuesday, October 27, 2026
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News Feed

Hybrid adoption contributes to 3.9% uptick in California new-vehicle sales

California’s new-vehicle sales rose in the third quarter following increased hybrid adoption and interest rate incentives

  • Aidan Bush
  • October 19, 2026

Penske acquisition reflects strong private market investment

The deal that will take Penske Automotive private is a sign of strong investor support for

  • Amanda Harris
  • October 19, 2026

Fifth Third indirect consumer loan net charge-offs dip

Fifth Third‘s indirect secured consumer loan portfolio increased in the third quarter as credit performance improved

  • Johnnie Martinez II
  • October 19, 2026

Hyundai Capital America’s May Huang on prime strength 

Hyundai Capital America’s earnings assets have roughly doubled to $84 billion since 2019, enabled by prime

  • C.J. Moore
  • October 19, 2026

Truist indirect auto charge-offs climb to 6.2% following RAC sale

Truist Financial‘s indirect auto net charge-off rate climbed in the third quarter as the bank completed

  • Johnnie Martinez II
  • October 16, 2026

Payment-conscious consumers behind uptick in pricing transparency 

Consumers are more payment-driven than they have been in the past few years, prompting lenders to

  • Amanda Harris
  • October 16, 2026

Lenders, investors consider broader subprime share in market composition

Market composition needs to be considered when looking at today’s auto loan delinquency rates and loss

  • C.J. Moore
  • October 16, 2026

BNY targets blind spots in ABS after Tricolor mess rocked market

A year after a pair of massive frauds exposed hidden risks in otherwise routine financial documents,

  • Bloomberg News
  • October 16, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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