Podcast: Used-car financing gains share as affordability pressures mount
Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles. ...
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Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles. ...
Pagaya Technologies’ auto volume climbed to a record high in the first quarter as it further diversified its funding levers and expanded auto credit parameters. The fintech’s ...
AI-based fintech Upstart’s auto originations surged year over year in the first quarter, driven largely by growth in retail lending. Auto originations totaled $263 million, up ...
In the first quarter, the auto finance industry balanced strong auto loan originations with persistent affordability challenges, shifting EV demand and rising asset-backed securitization activity. Auto lenders, ...
PenFed Credit Union’s auto originations rose through the first quarter as the financier improved its capital and liquidity position. The lender’s auto loan ...
AutoNation Finance’s originations and credit performance were stable in the first quarter, while sales volumes were weighed down by a 2025 pull-ahead in car purchases. AutoNation Finance originated $460 ...
GM Financial’s originations declined in the first quarter as finance penetration dipped, while earnings before taxes were stable. Originations ...
Huntington Bank’s auto originations ticked down in the first quarter as credit performance weakened in line with industry trends. Auto ...
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