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Auto Finance News
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Tesla lease portfolio down 12% year over year

Tesla Finance’s lease penetration and lease portfolio shrank on a year-over-year basis in the third quarter

  • Amanda Harris
  • October 23, 2024

Lithia captive originations rise 3.2% YoY to $518M 

Lithia Motors’ finance and insurance revenue grew in the third quarter as new and used unit

  • James Van Bramer
  • October 23, 2024

Beige Book: Auto sales ‘unchanged’ following first Fed rate cut 

Auto sales were mixed for dealers in September and October as affordability woes hampered consumer spending

  • Ash Savage
  • October 23, 2024

GM Financial’s lease originations up 14% year over year 

GM Financial’s originations increased in the third quarter as an uptick in leasing volume offset a

  • Amanda Harris
  • October 22, 2024

Securitized auto loan performance deteriorating 

MIAMI — Credit performance across securitized auto loans is deteriorating, particularly in the subprime sector, as

  • James Van Bramer
  • October 22, 2024

Polaris sales fall 23% year over year 

Sales worsened in the third quarter for powersports manufacturer Polaris following the company’s efforts to reduce

  • Ash Savage
  • October 22, 2024

US banks prepare for new era of consumer financial data sharing

US banks will now have to give customers access to their financial data after the top

  • Bloomberg News
  • October 22, 2024

Falling prices spur discussion of EV residual values  

EV values are on the decline, prompting questions about residual values and potential solutions. Wholesale used-EV

  • James Van Bramer
  • October 21, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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