Tag: affordability

The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent rate cuts by the ...

Bank of America is leaning on its diversified auto finance strategy and technological investments to drive growth and navigate changing ...

Third-quarter earnings were mixed again, with some captives reporting growth in originations while others logged declines. Credit performance worsened across ...

Auto lenders are keeping an eye on affordability, EV adoption and technological advancement heading into 2025.   A key challenge ...

Bank earnings last week highlighted mixed results as some institutions saw an uptick in auto originations while others’ portfolios shrank.   ...

New-vehicle affordability was flat in September as consumers faced ongoing challenges related to high prices, elevated interest rates and rising ...

New-vehicle affordability improved in August to its best level since May 2021 as auto loan interest rates declined and incentives ...

Demand for used vehicles is strong as supply remains limited and affordability is top of mind for consumers.   The ...