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Nicole Casperson

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CarMax issues $600M ABS deal backed by nonprime auto loans

CarMax Auto Finance came to market this month with a $600 million asset-backed securitization deal backed

Podcast: Carvana, CarMax sales rise, interest rates decline 

Auto retailers are gaining momentum on the heels of increased sales and finance volume even as

America’s Car-Mart, lenders extend debt deadline to September

America’s Car-Mart’s lenders will provide relief on its $892.2 million in debt through September. The buy

Nominations for 2026 Auto Finance Excellence Awards now open

Auto Finance News is pleased to solicit nominations for the 2026 Auto Finance Excellence Awards. Nominations

Lucid cutting 18% of US staff as EV maker retrenches further

Lucid Group Inc. is slashing its workforce for at least the second time this year and

Open Lending to go private following acquisition by ANV

Auto fintech Open Lending said it will access additional capital, expanded market and distribution relationships and

New-vehicle auto loan rates drop 97 bps in June (Big Wheels)

National auto interest rates for new and used vehicles dropped for the sixth consecutive month in

Evotrex raises $30M in series A to advance electric RV trailer production

California-based electric RV startup Evotrex this month raised $30 million in series A financing as it

Credit Union Auto Lending Surges

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