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Stellantis North American shipments rise 16.6% 

Stellantis’ North American shipments are estimated to have risen 16.6% year over year in the first

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Auto lender Canvas Credit Union taps AI-driven data to boost business 

SAN DIEGO —­ Indirect auto lender Canvas Credit Union generated more than $1 million in deposits

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Bayview Asset Management’s Prevolis to join Auto Finance Capital Summit 

Auto Finance News is pleased to announce that Carlos Prevolis, managing director of consumer and small

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BRP suspends fiscal 2027 guidance amid updated Section 232 tariffs

Powersports manufacturer BRP is withdrawing its fiscal 2027 guidance due to uncertainty over cost uncertainty created

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CarMax Auto Finance originations down 1.5% 

CarMax Auto Finance’s originations declined in the fourth quarter of fiscal 2026 as the retailer is

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Wells Fargo Auto originations soar 111% YoY 

Wells Fargo Auto’s originations jumped 110.9% year over year in the first quarter as the bank

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Chase Auto originations down 3% YoY

Chase Auto’s originations fell in the first quarter while credit performance in the bank’s auto portfolio

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Share of subprime auto borrowers up to 19.5% in March, highest since March 2020

The share of subprime borrowers taking out auto loans in March rose to the highest level

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Credit Union Auto Lending Surges

David Thompson

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