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Auto Finance News
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NextGear extends flexible floorplan pricing 

Floorplan financing provider NextGear Capital is expanding its flex pricing program to include vehicles beyond those

  • Amanda Harris
  • January 9, 2025

Manheim used-vehicle values rise 0.4% YoY 

December wholesale used-vehicle values rose from 2023 but declined sequentially following year-over-year price declines in every

  • Ash Savage
  • January 8, 2025

NMAC eyes completion of receivables system in FY 2025 

Nissan Motor Acceptance Co. this year plans to complete the integration of a new loan and

  • Amanda Harris
  • January 8, 2025

Ally to end mortgage originations, cut jobs across company

Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card

  • Bloomberg News
  • January 8, 2025

Share of 1- to 5-year-old used cars under $20K climbs to 20% 

Declining used-vehicle prices contributed to a rise in the volume of 1- to 5-year-old models priced

  • James Van Bramer
  • January 7, 2025

Losses rise across prime, nonprime securitized loans 

Credit performance across securitized prime and nonprime auto loans weakened at the end of 2024 as

  • Amanda Harris
  • January 7, 2025

Auto Finance News projects auto outstandings to rise (Big Wheels) 

Auto outstandings are forecasted to gradually tick up after the first quarter of 2025 after remaining

  • Ash Savage
  • January 7, 2025

Robust Q4 drives 2% YoY sales growth for 2024

Sales were strong from nearly every auto manufacturer in the fourth quarter, driving up yearend sales

  • James Van Bramer
  • January 6, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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