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Auto Finance News
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Credit availability worsens sequentially in May 

Access to auto credit worsened for the second month in a row but improved year over

  • Ash Savage
  • June 11, 2024

Podcast: ‘Weekly Wrap’ on leasing, NAF Summit 

Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive

  • Amanda Harris
  • June 10, 2024

Big Wheels: Auto outstandings rise 2.4% in Q1 

Auto outstandings fell 0.2% sequentially but increased 2.4% year over year in the first quarter of

  • Ash Savage
  • June 10, 2024

Effective AI-based models must fit lender goals 

Lenders have been quick to implement AI and machine learning models to grow their business —

  • James Van Bramer
  • June 10, 2024

Manheim Used Vehicle Index falls 12.1% 

Wholesale used-vehicle values declined month over month and year over year in May, but used-vehicle sales

  • Ash Savage
  • June 7, 2024

Axis Auto homeowner loan apps up 47% as credit tightens

Homeowners pose an opportunity for auto lenders in the Canadian market as tightened credit standards and

  • Amanda Harris
  • June 7, 2024

Insurance costs burden nonprime borrowers 

FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers

  • James Van Bramer
  • June 7, 2024

Strong US payrolls and wage growth push back bets for Fed cuts

US job growth surged in May and wages accelerated, prompting traders to push back the expected

  • Bloomberg News
  • June 7, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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