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Under the Hood: Low-income borrowers face payment struggle

Pandemic-era forbearance programs have run their course, putting auto loan delinquency rates — particularly for low-income

Stellantis chairman tamps down speculation of carmaker merger

Stellantis NV is focused on executing its business plans in key markets including Italy and isn’t

Single-pay leases spur customer retention

Automakers such as Mercedes-Benz are leveraging single-pay lease offers to provide flexibility to consumers and drive

Group 1 F&I revenue grows 8%

Group 1 Automotive’s finance and insurance profits increased in the fourth quarter while finance attachment rates

US payrolls and wages surge, likely keeping Fed rates on hold

US employers added the most workers in a year and wages jumped in a surprise reacceleration

Tricolor projects originations at $1.3B 

Tricolor Auto Acceptance projects origination volume to surpass $1 billion in 2024 as the company expands

Credit Acceptance Corp. originations increase 27%

Credit Acceptance Corp.’s originations jumped for the seventh consecutive quarter as compressed margins and stricter access

CFPB report on auto lending expected in Q1

LAS VEGAS — The American Financial Services Association is expecting an auto finance report from the

Credit Union Auto Lending Surges

David Thompson

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