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Consumer Portfolio Services expands financing into nonprime

Consumer Portfolio Services launched nonprime financing in the first quarter as the lender logged its “best

  • Amanda Harris
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Truist Bank’s auto portfolio shrinks in Q1 2022

Truist Bank’s indirect auto portfolio fell both year over year and sequentially in the first quarter

  • Whitney McDonald
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Fifth Third auto outstandings, LTVs tick up in Q1

Fifth Third Bank in the first quarter lowered auto loan production in order to enhance the

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Toyota to invest $383 million to boost hybrid production in US

Toyota Motor Corp. is investing $383 million in four factories across the U.S. to boost production

  • Bloomberg News
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Listen: Weekly Wrap on the start of Q1 2022 earnings

Auto finance institutions including Ally Financial, CarMax Auto Finance, Chase Auto, PNC Financial, U.S. Bank and

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  • April 18, 2022

Bank of America logs increased auto, EV originations

Bank of America’s vehicle lending portfolio grew in the first quarter as the bank streamlines financing,

  • Amanda Harris
  • April 18, 2022

Lenders talk tech: Managing data in a new era of auto finance

As the automotive industry continues to shift toward digitization, lenders have more data at their fingertips

  • Whitney McDonald
  • April 18, 2022

Exeter Finance launches new dealer portal

Exeter Finance last month rolled out a new dealer portal, designed to streamline the funding process

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  • April 15, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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