Auto lenders put historic squeeze on underwriting standards, Fed says
Auto lending hasn’t been this pressed in 15 years. According to the Federal Reserve, auto lending underwriting standards have not ...
Auto lending hasn’t been this pressed in 15 years. According to the Federal Reserve, auto lending underwriting standards have not ...
Ford Motor Credit outpaced expectations in Ford’s overall second-quarter performance, cementing it as a “pillar of strength” for the company with a ...
GM Financial has experienced positive payment trends from its consumers with accounts in deferral, pushing down early stage delinquencies last ...
Santander Consumer USA joins more than eight other lenders in upping its allowance for credit losses on a quarterly basis ...
Harley-Davidson will scale back its motorcycle model offerings and focus on high performing markets during the next five years. The ...
Consumer Portfolio Services has seen an improvement in credit performance in the second quarter, largely due to unemployment benefits and ...
This week, the Auto Finance News team took a deep dive into how the pandemic is affecting subprime lenders. Auto, however, may shine bright ...
AutoNation’s second quarter was marked by a decline in both finance and insurance revenue and vehicle sales. Still, the automotive ...