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Auto Finance News
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Avid Acceptance dips into lower credit tiers after originations plummet 80%

Avid Acceptance has expanded into its lower credit tiers after originations plummeted in 2023 amid a

  • James Van Bramer
  • May 10, 2024

Lendbuzz retrains credit models as expansion sees defaults double 

AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting

  • Amanda Harris
  • May 10, 2024

3 drivers for AI integration at GM Financial

GM Financial is looking to AI to streamline processes and boost customer experience, Chitra Herle, global

  • Whitney McDonald
  • May 10, 2024

RumbleOn F&I revenue falls 5.8% QoQ 

Powersports retailer RumbleOn is working closely with manufacturers to align inventory with market realities as retail

  • Ash Savage
  • May 10, 2024

Biden set to hit China EVs, strategic sectors with tariffs

President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon

  • Bloomberg News
  • May 10, 2024

American Honda urges dealers to tap into CPO leasing

American Honda is aiming to bolster sales and consumer loyalty by training dealers on certified pre-owned

  • James Van Bramer
  • May 9, 2024

Lenders look to expand subprime reach

Auto industry partners are working to establish lending options that are mutually beneficial to lenders, dealers

  • Ash Savage
  • May 9, 2024

Upstart auto originations down 71% 

AI-driven lending platform Upstart’s auto originations fell in the first quarter as the financier focused on

  • Amanda Harris
  • May 9, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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