Tag: Bank of America

Credit performance improved across Bank of America’s consumer vehicle lending portfolio in the first quarter as digital adoption continued to fuel consumer sales.   Net charge-offs across ...

Auto Finance News is pleased to announce that Theresa O’Neill, managing director and head of ABS strategy at Bank of America Securities, will host a ...

Incentives ticked down year over year in February but were up from a month earlier as the average new-vehicle price ...

Auto finance leaders are focusing their 2026 strategies on consumers’ price concerns as buyers shift toward used vehicles and lower ...

Bank of America is launching automated funding for RV consumer lending and continues to focus on its rollout of e-contracting as technology use in the RV market grows.  RV financing is forecast to grow to $42.4 billion in 2026, up 7.1% year ...

LAS VEGAS — Bank of America’s auto originations rose in the fourth quarter as the bank eyes expanding the vehicles eligible for 84-month-term ...

Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in the fourth quarter, but strong consumer fundamentals are expected to support ...

Auto finance executives are largely bullish on the automotive and auto finance industries into 2026 but remain cautious about affordability ...