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News Feed

CarMax launches ChatGPT app to enable nationwide searches

CarMax is expanding its customer reach with the launch of an app available in the ChatGPT

  • Johnnie Martinez II
  • March 6, 2026

Chase Auto names heads of product, pricing 

Chase Auto made leadership changes in February to shore up pricing and product management. Steve Weger

  • Amanda Harris
  • March 6, 2026

Consumer Portfolio Services finalizes $50M residual interest securitization 

Consumer Portfolio Services has closed a private residual interest securitization worth $50 million. The auto lender

  • Truth Headlam
  • March 6, 2026

US retail sales fell in January on fewer vehicle purchases

US retail sales declined in January, restrained by weakness at auto dealers as winter weather-related disruptions

  • Bloomberg News
  • March 6, 2026

Auto ABS performance projected to remain weak in 2026 

Auto asset-backed securitization loan performance is expected to remain weak in 2026 as consumers continue to

  • Truth Headlam
  • March 5, 2026

Beige Book: New-, used-vehicle sales down amid affordability challenges

Vehicle sales dipped across several Federal Reserve bank districts and auto loan volume was mixed as

  • Aidan Bush
  • March 5, 2026

New Texas vehicle registration ID law could slow sales, loan volume  

New identification restrictions for vehicle registrations in Texas took effect March 5 amid continued concerns from

  • Amanda Harris
  • March 5, 2026

Octane originations up 29% to $2.1B in 2025

Octane accelerated loan growth in 2025 as the fintech lender expanded dealer relationships, increased prime lending

  • Johnnie Martinez II
  • March 5, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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