Tag: Premium

Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces increased competition and worse-than-expected loan performance.  ...

Auto lenders keep in regular contact with dealers, building long-term relationships to weather market uncertainty and macroeconomic headwinds. As a ...

Carvana’s originations jumped 58.8% year over year in the third quarter and the retailer extended and increased its forward-flow deal ...

New EV inventory is plummeting industrywide as auto manufacturers curb production and demand wanes following the elimination of the federal ...

AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio ...

Floorplan financing has slowed in recent months following an uptick earlier this year amid higher inventories prior to impending tariffs ...

Auto retailers saw rising finance and insurance revenue in the third quarter, despite mixed retail sales across new and used ...

The Consumer Financial Protection Bureau’s reexamination of its oversight of nonbank auto finance companies may affect auto asset-backed securitization transactions. ...