Tag: auto ABS

Stellantis returned to profitability in the first quarter, supported by higher vehicle sales and improved operating performance, while its finance operations and balance sheet ...

Western Funding is expanding into full-spectrum lending and loan purchases as it aims to grow its dealer base and portfolio in 2026.  The ...

GM Financial’s originations declined in the first quarter as finance penetration dipped, while earnings before taxes were stable.   Originations ...

Auto asset-backed securitization volume ticked up year-to-date as investors’ appetite remained steady.   Auto asset-backed securitization (ABS) volume was $57.5 billion through April 24, up 5.1% year over year, according to ...

Auto Finance News is pleased to announce that Robert Machanic, vice president of capital markets and treasury at Global Lending Services, will join a ...

Several lenders that typically issue one auto asset-backed securitization deal per year came to market in the past week despite a dip in overall ABS issuance.   Space Coast Credit Union (SCCU) ...

Losses across securitized auto loans rose year over year in March but improved on a month-to-month basis as borrowers received tax refunds.  The annualized net loss (ANL) rate ...

The Federal Reserve’s latest proposed changes to capital requirements for banks address a key concern outlined by large banks and auto lenders that use warehouse funding.   ...