Truist Bank, Fifth Third net charge-offs rise YoY
Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist’s indirect auto net charge-offs ...
Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist’s indirect auto net charge-offs ...
AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to ...
EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the ...
Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance ...
Volvo Car AB scrapped its target of selling more cars this year due to a sharper-than-expected deterioration in China, highlighting ...
Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which ...
Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...
Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure ...