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Under the Hood: Executive compensation drops 5% in 2023

Though base salaries and stock awards increased, smaller bonuses drove a 5% decline in auto finance

Sampang named CIO for Toyota Financial, other staff moves

Toyota Financial Services has appointed Anna Sampang group vice president and chief information officer, effective March

Overdue bills are rising with US debt delinquencies, Fed survey shows

US household debt has reached a record and more borrowers are struggling to keep up. .

UACC auto originations up 15%

United Auto Credit Corp.‘s auto loan originations increased by 15% year over year in the first

Capital constraints prompt mixed origination outlook   

TD Auto Finance and Avid Acceptance expect auto origination volume to be flat to moderately lower

Podcast: ‘Weekly Wrap’ on underwriting themes at AFS East 2024 

Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit

Biden to hike tariffs on China EVs and offer solar exclusions

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other

Big Wheels: Lease ABS volume rises 65%

Auto asset-backed securitization volume continues to outpace 2023 levels, driven by growth in lease and prime

Credit Union Auto Lending Surges

David Thompson

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