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Auto Finance News
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Big Wheels: New-, used-vehicle loan rates rise more than 50 bps 

Auto loan interest rates on new and used vehicles inched down sequentially in May but remained

  • Ash Savage
  • May 29, 2024

AI trends: Rise of specialized chatbots  

Google rebranded its AI chatbot Bard to Gemini, reflecting its advanced large language model capabilities. .

  • Jessica Gonzalez, Informed.IQ
  • May 29, 2024

Under the Hood: Latest deal drives CU ABS volume over $4B 

First Community Credit Union has joined the growing ranks of credit union auto loan securitizers. The

  • Marcie Belles
  • May 28, 2024

Early payment default rates double on kicked deals

Early payment defaults escalate auto fraud risk, which doubles when a loan rejected by one lender

  • James Van Bramer
  • May 28, 2024

CarNow eyes chatbot improvements, responsible AI use 

Digital retail company CarNow is using AI to streamline operations and increase productivity for dealers. CarNow,

  • Ash Savage
  • May 28, 2024

The slowdown in US electric vehicle sales looks more like a blip

After an underwhelming start to the year for US electric-vehicle sales, it might seem easy to

  • Bloomberg News
  • May 28, 2024

Discounts on 2023 vehicles rise 116% YoY 

Incentives are on the rise ahead of Memorial Day weekend as dealers work to combat rising

  • Ash Savage
  • May 24, 2024

Tricolor issues $277M social ABS bond 

Tricolor Holdings issued its second social bond of the year as the lender eyes further expansion

  • James Van Bramer
  • May 24, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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