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Westlake Portfolio Management to service American Car Center leases

Westlake Portfolio Management has agreed to service American Car Center’s lease portfolio after the dealership closed

Listen: Weekly Wrap discussion of auto ABS, vehicle sales

Delinquencies across prime and nonprime securitized auto loans are moving closer to pre-pandemic levels, while rising

CarNow sees increased F&I penetration through Darwin integration 

Digital retailing services provider CarNow has seen an increase in finance and insurance product penetration following

Trinity Capital’s equipment financing portfolio up 9.6% YoY

Trinity Capital grew its equipment financing portfolio in 2022 amid record commitments and deployments. Equipment financing

February new-vehicle sales beat expectations

February new-vehicle sales are forecasted to increase year over year as consumer demand remains resilient and

Tricolor Auto expands SaaS venture

Tricolor Auto Acceptance is expanding its software-as-a-service venture Tricolor Financial following a pilot of the program

Industry vet Chuck Jones retires after 41 years, other staff moves

Chuck Jones, executive vice president and chief operating officer of dealer financial services at Truist, retired

VW jumps as better chip supplies are set to fuel sales surge

Volkswagen AG expects to sidestep a slowing economy with a jump in sales this year as

Credit Union Auto Lending Surges

David Thompson

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