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Auto Finance News
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Credit union repo assignments on the rise

Repossession agencies are receiving more assignments from credit unions as delinquencies rise nationwide. Houston-based Automobile Recovery

  • James Van Bramer
  • April 30, 2024

Off the lot: Visualizing the future of customer communication 

No way around it, this is a tough market. Interest rates have been higher for longer,

  • Bruce Newmark
  • April 30, 2024

Westlake offers fleet financing to DriveItAway dealers

Westlake Financial Services is offering fleet financing for dealers that have signed on to mobility platform

  • Ash Savage
  • April 29, 2024

Podcast: ‘Weekly Wrap’ on earnings, sales 

First-quarter earnings continued to bring mixed results as vehicle sales slowed in April. Capital One’s auto

  • Amanda Harris
  • April 29, 2024

Capital One originations increase more than 20% 

Capital One Auto Finance’s originations grew in the first quarter following several quarters of year-over-year declines.

  • Ash Savage
  • April 26, 2024

Big Wheels: Exponential Used Vehicle Index declines 11%

Used-vehicle values continue to trend downward from 2022’s peak levels but are outpacing pre-pandemic levels. Used-car

  • James Van Bramer
  • April 26, 2024

April new-vehicle sales expected to tick down 2%

U.S. new-vehicle sales are projected to decline in April while the seasonally adjusted annual rate is

  • Amanda Harris
  • April 26, 2024

Sonic Auto F&I revenue inches up

Finance and insurance revenue ticked up slightly in the first quarter for Sonic Automotive while floor

  • Ash Savage
  • April 25, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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