Balloon lending provider Auto Financial Group expands credit union reach
Auto Financial Group added four credit unions to its residual-based financing program in the first quarter as affordability challenges persist. ...
Auto Financial Group added four credit unions to its residual-based financing program in the first quarter as affordability challenges persist. ...
Ford Credit’s U.S. finance penetration and lease share of retail sales increased in the first quarter, while delinquencies and losses climbed in line with seasonal ...
Auto lenders are facing higher losses tied to lease terminations, especially as electric vehicles come off lease with lower-than-expected residual values. Ally Financial accelerated its lease ...
A rule set to go into effect on March 30 could disrupt the European auto securitization market. The European Central Bank (ECB) has ...
Lease equity has turned negative for the first time in five years, likely prompting an uptick of lease returns to the wholesale used-vehicle market. The Cox Automotive Lease Equity (CALE) trends metric stood at negative $389 in November ...
Volkswagen Financial Services will lean further into leasing in 2026. Ernst Jan van Eijkelenburg, president and chief executive for VWFS ...
GM Financial’s originations fell in the third quarter as its market share for new-vehicle loans and leases declined. The captive’s ...
Leasing slowed in the second quarter as consumers prioritized cash purchases and looked to refinancing to manage affordability, but credit ...