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Ally Financial names Richard new CRO, other staff moves 

Ally Financial today announced the appointment of a 27-year veteran of the bank as the company’s

Tenet to revamp refi system as applications soar 900% YoY 

EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising

Hurricane Helene spurs uptick in payment extensions 

Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected

Average auto loan rejection rate highest since 2013 (Big Wheels) 

The average rejection rate for auto loans through October increased year over year to the highest

The clock is ticking for cheap EV leases after Trump’s win

If the incoming Trump administration eliminates $7,500 federal tax credits for electric vehicles, that would mean

Nonprime new EV financing up 53% YoY 

The share of nonprime consumers financing EVs rose sharply over the past year and has doubled

Regional data identifies sales opportunities for RV dealers  

RV dealers are leaning on new data sources to identify opportunities for increased sales in a

Podcast: Synthetic fraud rises in powersports, auto 

Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing

Credit Union Auto Lending Surges

David Thompson

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