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CFPB orders $20M in penalties against Fifth Third 

Fifth Third Bank faces $20 million in penalties after the Consumer Financial Protection Bureau today issued

Used-vehicle values decline 8.9% 

Wholesale used-vehicle values declined month over month and year over year in June as sales outpaced

North American RV registrations down 16% 

North American retail recreational vehicle registrations and shipments are returning to typical patterns as registrations dip

Powell flags rising risks to jobs while avoiding rate-cut timing

Federal Reserve Chair Jerome Powell said officials are increasingly wary of potential risks to the labor

Podcast: ‘Weekly Wrap’ on sales, incentives 

June marked mixed vehicle sales and an uptick in incentives ahead of the July Fourth holiday,

Big Wheels: Vehicle loan rates up in 2024    

Interest rates on new– and used-vehicle loans crept down sequentially in July but remained higher than

Alternative data key to risk-based pricing

Using alternative data supports accurate risk-based pricing for auto lenders and helps account for losses. Some

Lucid EV deliveries up over 70% 

EV manufacturer Lucid Motors delivered more vehicles in the second quarter of 2024 than a year

Credit Union Auto Lending Surges

David Thompson

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