Santander Consumer USA expands digital capabilities with AutoFi
Santander Consumer USA (SCUSA) has expanded its partnership with fintech AutoFi to develop an end-to-end digital car-buying experience. SCUSA has ...
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The US zigs while the rest of the world zags on EV subsidies
Subsidies for electric vehicles are heading in very different directions in different parts of the world. China, for example, has ...
Listen: Weekly Wrap discussion on spring events season
Last week, news on the regulatory front kicked into high gear with the Consumer Financial Protection Bureau (CFPB) signaling it ...
CFPB acts to halt illegal automobile repos
Rising used-vehicle values, affordability concerns and mounting auto loan debt have caught the attention of the Consumer Financial Protection Bureau ...
Keeping LTVs tight to avoid negative dynamic for consumers
The combination of ongoing inventory constraints and historic inflation has sent vehicle values soaring, causing automotive lenders to closely monitor ...
Vroom sees 92% YoY increase in e-commerce units sold in Q4
Vroom benefited from improving used-vehicle inventory, continued strong demand and brand recognition during the fourth quarter of 2021 as the ...
Open Lending adds 71 financial institutions in 2021, certs jump 82% YoY in Q4
Automation fintech Open Lending continues to attract financial institutions to its platform as lenders look to expand their auto books ...
EV consumer financing doubles YoY in Q4 2021
Electric vehicle (EV) financing in the fourth quarter of 2021 doubled year over year as more affordable options have hit ...
