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Auto Finance News
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Capital One originations tumble, delinquencies rise

Capital One Auto Finance’s origination volume declined in the fourth quarter following a ramp-up in auto

  • Riley Wolfbauer
  • January 26, 2024

Tesla Finance lease penetration inches up in 2023 

Tesla Finance lease penetration inched up in 2023 despite falling by half in the fourth quarter.

  • Joey Pizzolato
  • January 25, 2024

Sonic’s EchoPark closures highlight used-retail market woes 

Sonic Automotive’s closure of its Northwest Motorsport dealerships on Jan. 23 not only further shrinks the

  • Amanda Harris
  • January 25, 2024

Kawasaki adds Octane as prime lender

Octane Lending is set to offer promotional financing for Kawasaki Motor Corp. recreational units in a

  • Riley Wolfbauer
  • January 25, 2024

Hyundai Capital CEO Marcelo Brutti joins AFS East 2024 fireside chat 

Auto Finance News is pleased to announce that Hyundai Capital America President and Chief Executive Marcelo

  • Riley Wolfbauer
  • January 25, 2024

Vroom: Compressed margins, tanking sales foreshadowed downfall

Compressed margins and plummeting sales volumes coupled with a capital-intensive business model, led to the downfall

  • Riley Wolfbauer
  • January 24, 2024

Sonic-owned Northwest Motorsport shuts down 

Sonic Automotive-owned, used-car dealer group Northwest Motorsport closed its doors Jan. 23, citing market concerns. The

  • Amanda Harris
  • January 24, 2024

Future of auto finance tech: 2023’s revolutionary trends

Last year was a whirlwind in the enterprise tech world, specifically in auto finance, marked by

  • Jessica Gonzalez, Informed.IQ
  • January 24, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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