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Elevated used-vehicle values drive lender adoption of Open Lending platform

Inflated used-vehicle values and the need to stay competitive in the market has lenders turning to

  • Whitney McDonald
  • January 27, 2022

Mixed NCO rates, decreased credit loss provisions mark banks’ Q4 earnings

Fourth-quarter earnings results at the auto finance industry’s publicly traded banks are in, painting a picture

  • Whitney McDonald and Joey Pizzolato
  • January 27, 2022

January SAAR expected to hit 15.3M units as ATPs increase YOY

Total new vehicle sales fell in January, both year over year and sequentially, as microchip shortages

  • Whitney McDonald and Joey Pizzolato
  • January 27, 2022

Capital One Auto releases $26M in provisions amid ‘strikingly strong’ performance

Capital One Auto Finance scaled back its allowance for credit losses in Q4 as consumer credit

  • Joey Pizzolato
  • January 26, 2022

Huntington Bank posts recoveries on NCOs for third straight quarter

Huntington Auto Finance posted recoveries on net charge-offs in the second, third and fourth quarters of

  • Whitney McDonald
  • January 26, 2022

Fed signals liftoff ‘soon,’ sees asset-reduction start afterward

The Federal Reserve signaled it will start raising interest rates “soon” and shrink its bond holdings

  • Bloomberg News
  • January 26, 2022

Highly desired and highly priced: The snowmobile market has no chill

The snowmobile industry is experiencing all-too-familiar inventory crunches despite its unique sales model and hyper-niche consumer

  • Whitney McDonald
  • January 26, 2022

Navy Federal Credit Union logs record $12B of auto originations in 2021

Navy Federal Credit Union booked $12 billion in auto loans in 2021, exceeding its 2020 origination

  • Whitney McDonald
  • January 25, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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