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US retail sales strengthen on jump in motor vehicle purchases

US retail sales increased at a firm pace in November, bolstered by a surge in car

Credit union auto outstandings dip 3.1% year over year

Credit union auto loan production declined as delinquencies rose during the third quarter. Auto loan outstandings

Podcast: Affordability key challenge moving into 2025 

Bank pullback in asset-backed lending has spurred growth for lenders that provide floorplan financing for independent

Santander Consumer USA’s Laney joins Auto Finance Summit East fireside chat 

The Auto Finance News team is pleased to announce that Erik Laney, chief financial officer at

Off the Lot: Side effects of Trump re-election

Much has been made of the rally in the stock markets since the re-election of Donald

Floorplan lenders see boost as banks pull back 

Independent dealership floorplan financing providers First Business Bank and NextGear Capital’s floorplan financing portfolios have grown

November powersport sales fall 5.4% year over year 

Powersports sales declined for the ninth consecutive month in November as industry leaders hope for improved

Axis Auto sells remaining business for $78M 

Axis Auto Finance has been sold for $78 million after the company said in February that

Credit Union Auto Lending Surges

David Thompson

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