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Auto Finance News
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CarMax Auto Finance originations down 1% year over year 

CarMax Auto Finance’s originations declined in the third quarter as the lender looked to improve collections

  • Amanda Harris
  • December 19, 2024

Refinance to comprise up to 25% of Valley Strong CU originations in 2025

Valley Strong Credit Union expects refinanced auto loans to help drive origination growth in 2025. Bakersfield,

  • James Van Bramer
  • December 19, 2024

Foxconn in talks with Nissan shareholder Renault, CNA says

Hon Hai Precision Industry Co., the iPhone maker known as Foxconn, is in talks with Nissan

  • Bloomberg News
  • December 19, 2024

Drop in ABS issuance contributes to weakened industry performance (Big Wheels) 

The auto finance industry’s overall performance weakened month over month and year over year in November,

  • Amanda Harris
  • December 18, 2024

Projected 2024 SAAR of 15.8M outpaces expectations 

Fourth-quarter sales jumped in the new- and used-vehicle markets, with both sectors outpacing levels reported a

  • Ash Savage
  • December 18, 2024

Fed lowers rates by quarter point, signals two cuts for 2025

Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in

  • Bloomberg News
  • December 18, 2024

American Honda Finance projects 30% lease penetration in 2025 

American Honda Finance Corp. is looking to maintain a lease penetration of close to 30% through

  • Ash Savage
  • December 17, 2024

Credit availability up 0.8% year over year 

Credit access improved in November across all lender types amid improved yield spreads and increased approval

  • Amanda Harris
  • December 17, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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