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Auto Finance News
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Under the Hood: Fintech investments top $1B 

Venture capitalists have pumped $1 billion of capital into auto fintechs through May, nearly double last

  • Marcie Belles
  • June 6, 2024

Rise in leasing poses higher costs for lenders 

FORT WORTH, Texas — Leasing volume has steadily increased, which could lead to higher costs for

  • James Van Bramer
  • June 6, 2024

Compliance critical as regulators scrutinize auto pricing policies 

Increased scrutiny of pricing and underwriting practices means auto lenders should closely review their portfolios, underwriting

  • Ash Savage
  • June 6, 2024

Lendbuzz secures $100M from Japan’s largest bank

AI-driven subprime auto lender Lendbuzz has secured a $100 million credit facility with the Mitsubishi UFJ

  • Ash Savage
  • June 5, 2024

CFPB issues ‘fine print’ warning to auto lenders

The Consumer Financial Protection Bureau is cracking down on terms and conditions in consumer financial products,

  • Amanda Harris
  • June 5, 2024

Texas hailstorm triggers $1.6M in dealer insurance claims 

Sales volume is mixed at Texas dealerships despite a wave of incentives following a hailstorm in

  • Ash Savage
  • June 5, 2024

Off the lot: New opportunities in a shifting auto market 

After the most challenging automobile market most have ever seen, there are signs that parts of

  • Bruce Newmark
  • June 5, 2024

Canadian dealers face higher costs, limited floorplan options 

Canadian auto dealers facing higher floorplan costs are being strategic when it comes to supply on

  • Amanda Harris
  • June 4, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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