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Ally Financial originations down 11.3% 

Ally Financial logged a decline in auto originations in the third quarter as the lender focused

High prices, rising debt add to ‘affordability crisis’

New-vehicle affordability was flat in September as consumers faced ongoing challenges related to high prices, elevated

Huntington auto originations climb 71% year over year 

Auto performance was mixed for regional banks in the third quarter, with Huntington Bank posting a

BRP pulls back from marine 

Canadian powersports manufacturer Bombardier Recreational Products has initiated a plan to shed portions of its marine

Lawyers weigh $1B cost of CARS Rule as oral arguments begin 

Lawyers expect wide-ranging implications from the National Automobile Dealers Association’s legal challenge to the Federal Trade

Ford Credit to launch platform for data-driven insights in 2025 

Ford Credit in 2025 will be looking to leverage consumer data to improve communications with borrowers

HDFS’ Flex Financing to include CPO, used units in 2025

Harley–Davidson Financial Services will add certified pre-owned and used motorcycles to its Flex Financing program in

US retail sales showcase resilience of economy’s growth engine

US retail sales strengthened in September by more than forecast in a broad advance, illustrating resilient

Credit Union Auto Lending Surges

David Thompson

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