May U.S. auto sales reach 16.2M SAAR
May U.S. auto sales topped forecasts, with American Honda leading the way at a nearly double-digit annual growth rate. Sales ran at a seasonally adjusted ...
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GM Financial President: Used EVs ‘going to gain traction’
IRVING, Texas — Nonprime auto lenders should offer more financing on used EVs, GM Financial President of North America Operations ...
Auto ABS spreads stable at start of June despite market pressures
Auto asset-backed securitization spreads showed little movement through early June on the heels of modest widening after the start of ...
Affinity FCU leans into auto refinance as competition increases
Affinity Federal Credit Union is growing originations with auto refinance in 2026 as consumers look for ways to lower monthly payments. The Basking Ridge, N.J.-based credit union is ...
Santander Consumer USA agrees to $400K settlement with New York
The New York State Department of Financial Services has reached a $400,000 settlement with Santander Consumer USA over violations of state financial ...
‘Synthetic fraud is rampant’: Agentic AI, social media empowers auto scams
IRVING, Texas — Synthetic identity fraud made up 12% of total auto fraud losses in the second quarter as scammers turn to agentic AI and online ...
Global Lending Services expanding dealer pricing tool
Global Lending Services is expanding a program for dealers that provides instant pricing, rate and payment information across multiple vehicles as the financier looks to grow originations ...
Santander, Exeter, Westlake deals boost subprime auto ABS issuance volume
Subprime transactions from several lenders are contributing to a strong pace of auto asset-backed securitization volume in 2026, even as subprime collateral performance remains challenged. The overall market for auto ABS is ...
