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Auto Finance News
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Fifth Third intentionally pulls back on auto  

Fifth Third purposely slowed auto lending in the fourth quarter driven by elevated interest rates. The

  • Amanda Harris
  • January 19, 2024

Huntington auto originations remain flat  

Huntington Auto Finance’s originations in the fourth quarter were flat on a year-over-year basis for the

  • Riley Wolfbauer
  • January 19, 2024

Ford cuts workforce making electric F-150s on weak demand

Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning

  • Bloomberg News
  • January 19, 2024

Truist’s auto book shrinks in shift away from low returns

Truist continued to move away from lower-margin business lines, contributing to a decline in its auto

  • Amanda Harris
  • January 18, 2024

Toyota Financial Services new CEO Cooke on key relationships

Toyota Financial Services Chief Executive Scott Cooke is leaning on his decades of experience at the

  • Amanda Harris
  • January 18, 2024

Chase Auto private label president joins fireside chat at Auto Finance Summit East

Auto Finance News is pleased to welcome Leslie Wims Morris, president of private label captive finance

  • Amanda Harris
  • January 18, 2024

U.S. Bank affirms commitment to auto as originations tick down

U.S. Bank continued to scale back auto lending during the fourth quarter due to market competition

  • Riley Wolfbauer
  • January 17, 2024

Under the Hood: Prime lenders propel 50% boost in 2023 ABS volume

Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders

  • Marcie Belles
  • January 17, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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