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Auto Finance News
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Lender pullback slows add-on sales at subprime dealers 

Dealerships that target deep subprime consumers are seeing stagnation in add-on product sales as lenders tighten

  • Amanda Harris
  • December 1, 2023

BRP powersports sales flat YoY as demand wanes

Canadian powersports manufacturer Bombardier Recreational Products’ North American retail sales were stagnant alongside declining consumer demand

  • Riley Wolfbauer
  • December 1, 2023

AFN launches State Compliance Directory

Auto Finance News is now publishing regulatory compliance data from provider Winnow Solutions to deliver state

  • Amanda Harris
  • December 1, 2023

Westlake eyes growth, ups capital market activity 

Westlake Financial is looking to shore up its liquidity to prepare for additional growth in 2024

  • Amanda Harris
  • November 30, 2023

Captive market share hits highest level since Q1 2018

Captives are regaining total auto financing market share, hitting their highest level since 2018, on the

  • Riley Wolfbauer
  • November 30, 2023

Tesla launches electric pickup 

Deliveries of Tesla’s Cybertruck, the manufacturer’s first electric pickup, began today after the concept was announced

  • Amanda Harris
  • November 30, 2023

US economy slowed in recent weeks with inflation, labor cooling

US consumer spending, inflation and the labor market all cooled in recent weeks, adding to evidence

  • Bloomberg News
  • November 30, 2023

New subprime issuers contribute to higher ABS delinquencies  

An uptick in auto asset-backed securities issuance by small, newer subprime issuers in recent years contributed

  • Amanda Harris
  • November 29, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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