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Auto Finance News
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Used Fisker EV prices fall 43% in four months 

Prices on used Fisker EVs are plummeting faster than the wider used-EV market after news of

  • Amanda Harris
  • August 2, 2024

E-contracting volume grows 29% year over year 

The volume of auto loans originated digitally increased during the second quarter despite relatively flat auto

  • James Van Bramer
  • August 2, 2024

Credit Acceptance Corp. originations jump 21% year over year 

Subprime lender Credit Acceptance Corp. continued to set record portfolio highs in the second quarter as

  • Ash Savage
  • August 2, 2024

US unemployment rate rises again, cementing path to Fed rate cut

US hiring slowed markedly in July and the unemployment rate rose to the highest level in

  • Bloomberg News
  • August 2, 2024

CPS AI voice bot to target collections 

Consumer Portfolio Services is using artificial intelligence to improve collections, streamline communication with consumers and fund

  • Amanda Harris
  • August 1, 2024

Carvana originations up 38% YoY 

Carvana’s originations increased in the second quarter, driven by growth in retail sales, as results continued

  • James Van Bramer
  • August 1, 2024

Panelists address demand, values at PowerSports Finance Summit 2024 

The Auto Finance News team is pleased to share that powersports leaders from JD Power, National

  • Ash Savage
  • August 1, 2024

VW seeks deeper cost cuts to bolster returns in tough market

Volkswagen AG is pushing for more cost reductions to better compete in a slowing market marred

  • Bloomberg News
  • August 1, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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