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Industrywide originations rise 1% YoY 

Auto originations saw a modest increase industrywide in the second quarter despite ongoing affordability challenges. Auto

Auto loan rates fall following Fed rate cut (Big Wheels) 

Auto loan interest rates on new and used vehicles fell year over year in October. The

Skyla Federal Credit Union speeds up digital onboarding by 70%

Skyla Federal Credit Union switched consumer loan operating systems in July to meet growing demand for

Podcast: Automakers’ sales increase 

Sales at most major automakers increased in October, driven in part by an increase in EV

Manheim Used Vehicle Value Index down 3.2% year over year  

Wholesale used-vehicle values fell year over year in October as the market felt the effects of

AI takes center stage at Auto Finance Summit 2024 as industry embraces innovation 

Artificial intelligence (AI) was the dominant topic at the most influential automotive finance conclave of 2024

Lucid deliveries up, Rivian down in third quarter 

Lucid Motors reported an uptick in deliveries and revenue in the third quarter while Rivian Automotive

Octane preps for more growth after $326M securitization issuance 

Powersports lender Octane closed a $326 million issuance in the asset-backed securitization market this week as

Credit Union Auto Lending Surges

David Thompson

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