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Upstart adds Stellantis, decreases funding time 

AI-driven lending platform Upstart’s auto loan originations jumped 46% quarter over quarter in the third quarter

Open Lending certification volume down 8.4% year over year 

Automation fintech Open Lending’s certification volume declined in the third quarter. Total certified loans, or “certs,”

Refi demand rising as consumers say auto loans are financial strain 

Auto loans are burdening consumers, prompting an uptick in refinance demand as interest rates come down

Toyota to scale back on incentives 

Toyota Motor North America plans to reduce incentives and increase production to improve profitability in 2025.

Auto outstandings stagnate in Q3 (Big Wheels) 

Auto outstandings industrywide inched up 0.4% quarter over quarter and 0.96% year over year in the

Fed cuts rates; Powell says wouldn’t resign if asked by Trump

Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to

Donald Trump has tools to fire powerful financial regulator in term two

Rohit Chopra’s crackdowns on illegal car repossessions, home foreclosures and bank overdraft fees made him a

Powersports lenders reimagine tech, buyer programs  

Powersport lenders are enhancing technology and buyer programs to improve customer and dealer experiences heading into

Credit Union Auto Lending Surges

David Thompson

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