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: new vehicle sales
Podcast: CarMax replaces CEO, EV makers report Q3 growth as car sales mixed Â
Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales and some layoffs. CarMax ...
Toyota sales climb 11.8% YoY in October, Mazda’s sales plummet 32.6%
Automakers saw mixed sales across internal combustion engine vehicles and EVs in October, the first month since the elimination of ...
Wells Fargo commercial book grows, floorplan utilization dips amid tariffs
Floorplan financing has slowed in recent months following an uptick earlier this year amid higher inventories prior to impending tariffs ...
![Toyota to pilot autonomous vehicle program with Chinese startup [Video]](https://www.autofinancenews.net/wp-content/uploads/2019/08/190825-pony-ai-lexus-rx.jpg)
Auto sales rise in September, Q3 amid incentives, EV pull-ahead
Automakers largely reported climbing sales in September and the third quarter as manufacturers pushed aggressive incentives and stalled tariff-induced price ...
Used-EV sales jump 59% YoY in AugustÂ
EV sales rose in August for both new and used units as consumers continued to rush to dealerships and take ...
Credit unions gain share in auto financeÂ
Credit unions gained auto finance market share in the second quarter in tandem with growth in their auto portfolios during ...
New-vehicle leasing drops 250 bps in Q2
Leasing slowed in the second quarter as consumers prioritized cash purchases and looked to refinancing to manage affordability, but credit ...
