Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Sales & Marketing

James Van Bramer

Geely Automobile Holdings Ltd.'s Zeekr electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, Jiangsu Province, China, on Thursday, Aug. 24, 2023. Geely, one of China's largest independent carmakers, posted first-half earnings that beat estimates, weathering a price war that continues to hit the industry. Bloomberg

Sales & Marketing

Leasing reaches 35% of new EV purchases

byJames Van Bramer

September 18, 2024

Leasing has become an attractive option for EV consumers, nearly...

Sales & Marketing

The slowdown in US electric vehicle sales looks more like a blip

byBloomberg News

September 18, 2024

After an underwhelming start to the year for US electric-vehicle...

FCA Jumps into Subscription Market With Jeep, Mercedes-Benz Reveals Pricing

Sales & Marketing

Discounts on 2023 vehicles rise 116% YoY

byAsh Savage

September 18, 2024

Incentives are on the rise ahead of Memorial Day weekend...

A JPMorgan Chase & Co. bank branch in New York, US, on Thursday, July 6, 2023. JPMorgan Chase & Co. is scheduled to release earnings figures on July 14. Photographer: Michael Nagle/Bloomberg

Sales & Marketing

Chase Auto taps bank channels to support private label partners

byAmanda Harris

September 18, 2024

Chase Auto uses ATMs, branches and digital channels as well...

Tesla slashes prices up to 20% in broad bid to boost sales

Sales & Marketing

Biden to hike tariffs on China EVs and offer solar exclusions

byBloomberg News

September 18, 2024

President Joe Biden will quadruple tariffs on Chinese electric vehicles...

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GM Financial President: Used EVs ‘going to gain traction’

IRVING, Texas — Nonprime auto lenders should offer more financing on used EVs, GM Financial President

Auto ABS spreads stable at start of June despite market pressures

Auto asset-backed securitization spreads showed little movement through early June on the heels of modest widening

Affinity FCU leans into auto refinance as competition increases

Affinity Federal Credit Union is growing originations with auto refinance in 2026 as consumers look for

Santander Consumer USA agrees to $400K settlement with New York

The New York State Department of Financial Services has reached a $400,000 settlement with Santander Consumer

‘Synthetic fraud is rampant’: Agentic AI, social media empower auto scams

IRVING, Texas — Synthetic identity fraud made up 12% of total auto fraud losses in the

Global Lending Services expanding dealer pricing tool

Global Lending Services is expanding a program for dealers that provides instant pricing, rate and payment

Santander, Exeter, Westlake deals boost subprime auto ABS issuance volume

Subprime transactions from several lenders are contributing to a strong pace of auto asset-backed securitization volume

Thor Industries incentives drop 2.7% YoY

RV manufacturer Thor Industries reported lower fiscal third-quarter incentives and sales as weak consumer demand and

Credit Union Auto Lending Surges

David Thompson

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Federal Reserve announces emergency meeting on auto lending regulations • Click for details

MARKET SNAPSHOT

Sales & Marketing

Leasing reaches 35% of new EV purchases

The slowdown in US electric vehicle sales looks more like a blip

Discounts on 2023 vehicles rise 116% YoY

Chase Auto taps bank channels to support private label partners

Biden to hike tariffs on China EVs and offer solar exclusions

News Feed

GM Financial President: Used EVs ‘going to gain traction’

Auto ABS spreads stable at start of June despite market pressures

Affinity FCU leans into auto refinance as competition increases

Santander Consumer USA agrees to $400K settlement with New York

‘Synthetic fraud is rampant’: Agentic AI, social media empower auto scams

Global Lending Services expanding dealer pricing tool

Santander, Exeter, Westlake deals boost subprime auto ABS issuance volume

Thor Industries incentives drop 2.7% YoY

Credit Union Auto Lending Surges

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