GM Financial originations up 9.6%
GM Financial’s originations increased in the second quarter, while General Motors retained its full-year tariff impact expectation and saw an ...
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Stellantis expands flexible financing options
Stellantis is adding vehicle subscriptions to its mobility platform as consumers struggle with affordability and worsening credit. Stellantis subsidiary and ...
Average monthly new-vehicle loan payment hits $761 in June
Consumers are slowing purchases and auto lenders are tightening credit standards as auto loan delinquencies and monthly payments continue to ...
As Tesla US sales dip, GM EVs close the gap
Janine Warren wanted an electric vehicle to cut her carbon footprint, but she also wanted a Cadillac, preferably a small ...
Beige Book: Consumers pulling back on purchases
Lenders in some Federal Reserve bank districts reported falling demand for auto loans and slowing car sales through early July ...
3 steps to mitigate risk with AI, machine learning
To help mitigate risk when using new technology, U.S. Bank keeps automated tasks simple and identifies when to keep human ...
Stellantis takes $2.7 billion hit as new CEO seeks a reset
Stellantis NV swung to a €2.3 billion ($2.7 billion) net loss in the first half as restructuring expenses, waning sales ...
Ally Financial auto originations jump 12.2%
Ally Financial’s auto originations rose in the second quarter as application volume set a record and lease activity picked up. ...
