Tag: auto originations

Ongoing credit tightening at CarMax Auto Finance paved the way for allowance for credit loss reductions as the lender’s portfolio ...

For the past year, Ford Credit Chief Financial Officer Eliane Okamura has had to master a new role while remaining ...

Consumer Portfolio Services is focusing on building its servicing and collections practices as the company works to get ahead of ...

Used-vehicle retailer Carvana’s loan originations ticked down in the fourth quarter following months of credit tightening as the company eyes ...

AI-driven lending platform Upstart’s auto originations declined significantly in the fourth quarter as high interest rates caused lenders to scale ...

AutoNation Finance’s origination volume jumped 74% sequentially in the fourth quarter as the retailer launched captive financing at nearly all ...

Auto lenders expect 2024 to be a year of growth driven by technology updates and loosening credit standards. Powersports sales ...

Ford Credit earnings before taxes saw pressure in 2023 as credit costs remained elevated and auction values dropped, even as ...