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Technology

Whitney McDonald

2021 Chevrolet Equinox vehicles on a lot at the Green Chevrolet dealership in East Moline, Illinois, U.S., on Monday, May 3, 2021. General Motors Co. is scheduled to release earnings figures on May 5. Photographer: Daniel Acker/Bloomberg

Technology

GM Financial aims to improve customer personalization

byWhitney McDonald

November 1, 2022

GM Financial is looking to better personalize the customer experience by...

A Shell Recharge EV charging hub in London which replaced petrol and diesel pumps.

Technology

EV finance startup Tenet secures $20M warehouse facility

byAmanda Harris

November 1, 2022

Tenet, an electric vehicle (EV) financing startup founded in 2021,...

Wells Fargo Auto originations tick up 4% YoY in Q1 2022

Technology

Wells Fargo Auto credit decisioning reaches 70% automation

byWhitney McDonald

October 31, 2022

LAS VEGAS – Wells Fargo is increasing its credit decisioning automation in...

Technology

Bank of America’s digital transaction volumes hit 75%

byAmanda Harris

October 28, 2022

LAS VEGAS — Bank of America’s volume of direct transactions...

Visa Inc. credit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, April 22, 2019. Visa Inc. is scheduled to release earnings figures on April 24.

Technology

Westlake collaborates with fintech for credit card program

byWhitney McDonald

November 4, 2022

Westlake Financial has launched a credit card rewards program using back-end...

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Western Funding opens lending to all credit tiers

Western Funding is expanding into full-spectrum lending and loan purchases as it aims to grow its

Octane strikes updated financing deals with Indian Motorcycle, Suzuki

Octane is expanding its market share through updated arrangements with powersports manufacturers Indian Motorcycle and Suzuki.

Divided Fed officials hold rates; Powell to stay as governor

Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for

GM Financial originations fall 15.8%

GM Financial’s originations declined in the first quarter as finance penetration dipped, while earnings before taxes

Asbury Automotive Group’s F&I revenue dips 4.3% in Q1

Poor weather conditions and tech integration contributed to year-over-year declines in finance and insurance revenue and

Auto ABS volume up 5.1% YTD through April 24 (Big Wheels)

Auto asset-backed securitization volume ticked up year-to-date as investors’ appetite remained steady. Auto asset-backed securitization (ABS)

Polaris North American sales up 10.5% YoY

Polaris’ sales rose in the first quarter, especially in North America, as shipments and pricing improved

Arivo Acceptance CEO Landon Starr to join Auto Finance Summit East 2026

Auto Finance News is excited to announce that Landon Starr, chief executive at Arivo Acceptance, will

Credit Union Auto Lending Surges

David Thompson

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Federal Reserve announces emergency meeting on auto lending regulations • Click for details

MARKET SNAPSHOT

Technology

GM Financial aims to improve customer personalization

EV finance startup Tenet secures $20M warehouse facility

Wells Fargo Auto credit decisioning reaches 70% automation

Bank of America’s digital transaction volumes hit 75%

Westlake collaborates with fintech for credit card program

News Feed

Western Funding opens lending to all credit tiers

Octane strikes updated financing deals with Indian Motorcycle, Suzuki

Divided Fed officials hold rates; Powell to stay as governor

GM Financial originations fall 15.8%

Asbury Automotive Group’s F&I revenue dips 4.3% in Q1

Auto ABS volume up 5.1% YTD through April 24 (Big Wheels)

Polaris North American sales up 10.5% YoY

Arivo Acceptance CEO Landon Starr to join Auto Finance Summit East 2026

Credit Union Auto Lending Surges

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