Auto finance industry paints picture of resilience despite pressuresÂ
Auto finance lenders, dealers and consumers facing affordability and credit performance challenges are proving resilient. This picture of resiliency prevailed ...
Tag: delinquencies
Auto 60-plus-day DQs up 4 bpsÂ
The growth rate of auto delinquencies slowed in the third quarter, while credit performance at banks may signal risk moving ...
Subprime auto ABS market sees ‘stress’ as immigration enforcement mounts, DQs riseÂ
Subprime auto securitizations are experiencing heightened stress and increased delinquencies, while transactions with large concentrations of loans to immigrant borrowers ...
CAC originations fall 16.5%Â
Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces increased competition and worse-than-expected loan performance. ...
Capital One auto originations climb 17.2%Â
Capital One’s auto originations rose in the third quarter as strategic underwriting and tightening contributed to better credit performance. Auto ...
GM Financial originations slip 3.5% in Q3Â
GM Financial’s originations fell in the third quarter as its market share for new-vehicle loans and leases declined. The captive’s ...
Ford Credit CFO: Dealer support, tech, portfolio health are H2 goals Â
Heading into the second half of 2025, Ford Credit Chief Financial Officer Eliane Okamura is eyeing ways to help drive ...
High-income auto consumers at risk for default (Under the Hood)
A $2,400-a-month payment was enough to derail rapper MC Hammer’s auto loan, prompting JPMorgan Chase Bank to file suit for ...
