Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Spotlight

Amanda Harris

Risk Management

U.S. Bank’s John Hyatt on sustainability, auto finance growth

byAmanda Harris

November 25, 2024

U.S. Bank is focused on sustainable growth while investing in...

A Bank of America branch in Austin, Texas, US

Risk Management

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October 28, 2024

Bank of America is leaning on its diversified auto finance...

Powersports Finance News

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Spotlight

Carputty CEO talks rate drops, line-of-credit financing

byAmanda Harris

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Online direct lender Carputty lowered its base interest rate for...

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Bank of America consumer vehicle net charge-offs tick up

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the second quarter rose year

Lucid shares slide as EV maker hires restructuring adviser

Lucid Group Inc. is working with restructuring advisers to turn around its struggling business, according to

America’s Car-Mart’s net-charge offs rise 60 basis points

America’s Car-Mart’s credit performance worsened and vehicle sales slowed in its fiscal fourth quarter as funding

US CPI falls for the first time since 2020, core gauge flat

US consumer prices declined in June for the first time in six years and a key

Podcast: Subaru Motors Finance to target first-time buyers, expand credit access

Subaru Motors Finance plans to expand its underwriting to attract more first-time buyers, Managing Director Michael

Polestar uses tactical offers as EV demand, US sales face pressure

Swedish EV maker Polestar is using tactical offers to support sales as it navigates market headwinds,

Financiers pursue acquisition opportunities as dealer consolidation picks up

Dealership consolidation is increasing, providing an opportunity for banks and captives to grow acquisition funding. Holland,

Agora, Figure eye prefunded securitization for auto loans

Figure Technologies has closed a $300 million prefunded securitization for loans trading on Figure Connect, its

Credit Union Auto Lending Surges

David Thompson

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Federal Reserve announces emergency meeting on auto lending regulations • Click for details

MARKET SNAPSHOT

Spotlight

U.S. Bank’s John Hyatt on sustainability, auto finance growth

Bank of America’s Fabien Thierry on growth, EVs, tech innovation

New Octane President Fernald talks funding strategy

Chase Auto’s Mike Douglas on deepening relationship with dealers

Carputty CEO talks rate drops, line-of-credit financing

News Feed

Bank of America consumer vehicle net charge-offs tick up

Lucid shares slide as EV maker hires restructuring adviser

America’s Car-Mart’s net-charge offs rise 60 basis points

US CPI falls for the first time since 2020, core gauge flat

Podcast: Subaru Motors Finance to target first-time buyers, expand credit access

Polestar uses tactical offers as EV demand, US sales face pressure

Financiers pursue acquisition opportunities as dealer consolidation picks up

Agora, Figure eye prefunded securitization for auto loans

Credit Union Auto Lending Surges

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