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Auto Finance News
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Penske Auto sees strong credit availability despite lender pullback  

LAS VEGAS — Penske Automotive has seen no disruption in credit availability for its customer base

  • Joey Pizzolato
  • January 31, 2024

AI-based lending boosts dealer profitability 

Dealers that combine AI-based financing capabilities with in-store sales processes are seeing increased profit per vehicle

  • Amanda Harris
  • January 31, 2024

Polaris increases promotions amid pricing competition

Powersports manufacturer Polaris increased promotional activity in the fourth quarter amid heavy discounting by competitors as

  • Riley Wolfbauer
  • January 31, 2024

Fed holds rates steady and inches closer to cutting in future

The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness

  • Bloomberg News
  • January 31, 2024

GM Financial lease return rates, lease originations rise YoY 

Improved penetration rates contributed to an uptick in GM Financial’s lease originations in the fourth quarter

  • Amanda Harris
  • January 30, 2024

Off the Lot: Forecasting performance in 2024 

Welcome to 2024 and to my new column in Auto Finance News, which we are calling

  • Bruce Newmark
  • January 30, 2024

Marine discounts on the rise

Boat discounts are picking up as manufacturers aim to move units amid increased inventory, high prices

  • Riley Wolfbauer
  • January 30, 2024

Auto origination volume varied across banks in Q4

Origination volumes in the fourth quarter were mixed across the banks that reported auto lending metrics

  • Riley Wolfbauer
  • January 29, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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