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Auto Finance News
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Ford Credit penetration rate hits 60% in Q1

Ford Credit’s finance penetration rate soared in the first quarter as finance margin improved and credit

  • Joey Pizzolato
  • April 25, 2024

US economy slows and inflation jumps, damping soft-landing hopes

US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable

  • Bloomberg News
  • April 25, 2024

HDFS originations inch up 2%, credit losses rise

Harley-Davidson Financial Services’ credit losses inched up while originations increased during the first quarter in tandem

  • James Van Bramer
  • April 25, 2024

All quiet on the auto ABS front

The auto asset-backed securities market has been chugging through the first four months of the year

  • Joey Pizzolato
  • April 24, 2024

Consumer advocacy groups urge FTC to include auto in junk fee proposal

Auto sales should be included in the latest proposal on junk fees, consumer advocates told an

  • Ash Savage
  • April 24, 2024

Tesla’s lease portfolio up 5% YoY

Tesla Finance’s lease portfolio grew year over year in the first quarter, but lease penetration and

  • James Van Bramer
  • April 24, 2024

Delivering GAP Refunds Efficiently & Compliantly

Does your GAP (Guaranteed Asset Protection) refund process need an overhaul? In recent years, the scrutiny

  • Onbe
  • April 24, 2024

GM Financial consumer originations fall 3% YoY

GM Financial’s penetration rates and credit performance improved in the first quarter while lease and loan

  • James Van Bramer
  • April 23, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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