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

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There’s never been a better time to buy an electric car

byBloomberg News

November 27, 2023

The battery-powered BMW iX is a technological marvel. It travels up to...

General Motors Canada's Oshawa Assembly Complex in Oshawa, Ontario, Canada

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Mary Barra’s $280B goal confronts a litany of GM hurdles

byBloomberg News

November 22, 2023

Mary Barra’s ambitious plan to double General Motors Co.’s revenue...

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Lower credit tiers key to EV growth

byRiley Wolfbauer

September 18, 2024

Prime consumers have dominated electric vehicle purchases and financing, but...

Pre-owned General Motors Co. Chevrolet vehicles on a lot at the Green Chevrolet dealership in East Moline, Illinois, U.S., on Monday, May 3, 2021. General Motors Co. is scheduled to release earnings figures on May 5. Photographer: Daniel Acker/Bloomberg

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GM Financial to expand telematics-based insurance in ’24

byJoey Pizzolato

November 20, 2023

GM Financial is gearing up to expand its telematics-based insurance...

Tom Shortt on stage with JJ Hornblass at Auto Finance Summit 2023

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Inside Vroom’s omnichannel experience with CEO

byRiley Wolfbauer

November 16, 2023

Auto retailer and e-commerce platform Vroom brought Chief Executive Tom...

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US House unveiled plan to charge $130 fee for electric vehicles

House lawmakers made public a massive transportation bill Sunday that would impose new fees on electric

Lenders offer CPO incentives, consider CPO leasing

Lenders and retailers are encouraging certified pre-owned lending and expressing interest in leasing certified pre-owned vehicles

Pagaya increases public ABS issuance as private credit faces scrutiny

Pagaya Technologies is leaning more on public securitization issuance because of volatility in private credit markets.

FDIC approves creation of Stellantis Bank USA

Stellantis Financial Services received approval to form an industrial bank, allowing it to tap FDIC insurance

RideNow’s F&I revenue up 3.3% in Q1

Powersports retailer RideNow Group’s finance and insurance revenue rose in the first quarter as same-store revenue,

High gas prices could last through July, stressing subprime consumers

A snowball effect started by rising gas prices could make it more difficult for subprime borrowers

Affordability challenges drive losses higher on securitized nonprime loans

The auto asset-backed securitization market is showing signs of resilience, but investors and issuers continue to

Toyota Financial Services tops Big Wheels Auto Finance outstandings rankings as market reaches $1.9T

Big Wheels Auto Finance Data, the industry data intelligence platform on Auto Finance News, today announced

Credit Union Auto Lending Surges

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

MARKET SNAPSHOT

Sales & Marketing

There’s never been a better time to buy an electric car

Mary Barra’s $280B goal confronts a litany of GM hurdles

Lower credit tiers key to EV growth

GM Financial to expand telematics-based insurance in ’24

Inside Vroom’s omnichannel experience with CEO

News Feed

US House unveiled plan to charge $130 fee for electric vehicles

Lenders offer CPO incentives, consider CPO leasing

Pagaya increases public ABS issuance as private credit faces scrutiny

FDIC approves creation of Stellantis Bank USA

RideNow’s F&I revenue up 3.3% in Q1

High gas prices could last through July, stressing subprime consumers

Affordability challenges drive losses higher on securitized nonprime loans

Toyota Financial Services tops Big Wheels Auto Finance outstandings rankings as market reaches $1.9T

Credit Union Auto Lending Surges

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