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Risk Management

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Shift Technologies cuts staff by 30% in February

Used-vehicle online retailer Shift Technologies cut staff following completion of its merger with used-vehicle marketplace CarLotz

  • Riley Wolfbauer
  • March 30, 2023

Auto loans 60-plus days delinquent reach record high

Delinquencies reached record highs in the first quarter as consumers fall behind amid elevated vehicle prices

  • Riley Wolfbauer
  • March 29, 2023

CFPB homes in on stress tests, nonbanks after SVB collapse

LAS VEGAS — The Consumer Financial Protection Bureau is placing more emphasis on liquidity, stress testing

  • Amanda Harris
  • March 29, 2023

Used inventory trending toward lower-priced units

More lower-priced used vehicles are available this March than in March 2022, even as overall inventory

  • Riley Wolfbauer
  • March 28, 2023

Ford Credit, GM Financial, HCA prep prime ABS deals

Three prime issuers are gearing up to enter the auto asset-backed securities market following Silicon Valley

  • Joey Pizzolato
  • March 28, 2023

EV charging stations offer opportunity for lenders

LAS VEGAS — Electric vehicle charging stations pose an opportunity for auto lenders amid specific requirements

  • Amanda Harris
  • March 28, 2023

Lucid Motors cuts 18% of workforce

Lucid Motors is reducing its headcount by 1,300, or 18% of its workforce, as the electric

  • Joey Pizzolato
  • March 28, 2023

Financial service and mobility startups to demo at AFS East

The Auto Finance News team is pleased to announce five financial service and mobility startups that

  • Riley Wolfbauer
  • March 28, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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