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Wells Fargo Auto originations fall 23% 

Wells Fargo Auto’s origination volume dipped during the second quarter as the bank’s auto portfolio shrunk.

  • James Van Bramer
  • July 12, 2024

Chase Auto originations decline 10% 

Chase Auto’s origination volume fell year over year in the second quarter as the bank prioritized

  • Amanda Harris
  • July 12, 2024

Powersports sales down 3% YoY in June, survey shows 

Powersports manufacturers are working to align inventory with consumer demand to support dealers as the retail

  • Ash Savage
  • July 12, 2024

Sonic Auto, retailers indicate cyberattack effects could linger 

Although it’s been a week since software provider CDK Global’s systems were restored following a cyberattack,

  • James Van Bramer
  • July 11, 2024

Higher losses prompt rating downgrades on subprime securitizations 

S&P Global has again lowered its ratings on a 2022 Flagship Credit Acceptance auto securities transaction

  • Amanda Harris
  • July 11, 2024

EV sales up 11%

Elevated discounts and higher levels of leasing pushed EV sales to a record in the second

  • Ash Savage
  • July 11, 2024

US inflation broadly cools, bolstering case for Fed rate cut

US inflation cooled broadly in June, driven by a long-awaited slowdown in housing costs and providing

  • Bloomberg News
  • July 11, 2024

ATPs tick up sequentially in June amid price pressures  

New-vehicle average transaction prices edged up slightly in June on a sequential basis but remained lower

  • James Van Bramer
  • July 10, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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