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Auto Finance News
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Auto Finance Technology sponsored by InformedIQ

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Leasing reaches 35% of new EV purchases

Leasing has become an attractive option for EV consumers, nearly tripling in the first quarter from

  • James Van Bramer
  • May 30, 2024

US GDP growth was slower last quarter on soft consumer spending

The US economy grew at a slower pace in the first quarter than initially reported, primarily

  • Bloomberg News
  • May 30, 2024

Fed: Incentives pick up as auto sales fall flat 

Automotive retail sales were mostly flat in April as manufacturers continued to offer incentives to spur

  • James Van Bramer
  • May 29, 2024

Auto lenders weigh sustainability in decisioning 

Auto lenders are considering environmental factors when making financing decisions, a move that could affect which

  • Amanda Harris
  • May 29, 2024

Big Wheels: New-, used-vehicle loan rates rise more than 50 bps 

Auto loan interest rates on new and used vehicles inched down sequentially in May but remained

  • Ash Savage
  • May 29, 2024

AI trends: Rise of specialized chatbots  

Google rebranded its AI chatbot Bard to Gemini, reflecting its advanced large language model capabilities. .

  • Jessica Gonzalez, Informed.IQ
  • May 29, 2024

Under the Hood: Latest deal drives CU ABS volume over $4B 

First Community Credit Union has joined the growing ranks of credit union auto loan securitizers. The

  • Marcie Belles
  • May 28, 2024

Early payment default rates double on kicked deals

Early payment defaults escalate auto fraud risk, which doubles when a loan rejected by one lender

  • James Van Bramer
  • May 28, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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