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Discounts on 2023 vehicles rise 116% YoY 

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

Tricolor issues $277M social ABS bond 

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

Skyla FCU eyes AI-driven automated decisioning 

Skyla Federal Credit Union plans to automate decisioning and funding in the next year as competition

Inside look: Synchrony’s AI training strategy

Synchrony Financial is investing in training its employees on emerging technology, with a focus on AI

Lucid to cut 400 jobs in latest sign of stress for EV market

Lucid Group Inc. will eliminate about 400 jobs in the coming months, the latest move by

TD Auto Finance profits, credit performance pressured 

TD Auto Finance’s auto book grew during the second quarter as credit performance increased pressure on

Increased scrutiny raises costs of ancillary product refunds 

Auto lenders, dealers and aftermarket product providers face an uptick in regulatory oversight that will require

Synchrony, Octane support OEM incentives in tight market 

Powersports sales are expected to face headwinds through the end of the year as affordability concerns

Credit Union Auto Lending Surges

David Thompson

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