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Technology

Larissa Padden

Auto Finance Technology sponsored by InformedIQ

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Volkswagen Financial Services launches subscriptions 

Volkswagen Financial Services and Volkswagen Group of America this week rolled out a vehicle subscription service

Credit Acceptance Corp. originations climb 17.7% 

Subprime financier Credit Acceptance Corp.’s origination volume posted double-digit growth year over year in the third

Carvana originations up 35.5% YoY 

Carvana’s originations jumped 35.5% year over year in the third quarter as sales increased. “We had

Auto lease ABS issuance hits 10-year high 

Auto lease asset-backed securitization issuance volume reached a 10-year high this year, led by captive finance

Current Vehicle Pricing Distribution dataset tracks values across time (Big Wheels) 

Vehicle values have gradually declined across cars, SUVs and trucks — but how prices trend varies

Stellantis cites progress on US inventories as revenue drops

Stellantis NV’s third-quarter revenues slumped 27% as the automaker shipped fewer cars from factories in most

AutoNation Finance originations exceed $700M 

AutoNation Finance’s year-to-date originations grew to more than $700 million in the third quarter, fueling optimism

Truist names new regional leadership, other staff moves 

Truist has appointed Thomas “T.J.” Hughes as its new regional president for Greater Washington and Maryland,

Credit Union Auto Lending Surges

David Thompson

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