Bubbling Up: The rise of fraud in the COVID-19 economy [Feature]
Instances of detectable auto fraud and cybersecurity breaches are likely to bubble up amid declining vehicle sales as the COVID-19 ...
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SCUSA settles predatory lending suit dating back a decade
Santander Consumer USA has settled a lawsuit leveled by 33 states and the District of Columbia alleging that the subprime ...
Rodo expands digital footprint to retail financing
Car-leasing platform Rodo will now offer consumers the opportunity to purchase new vehicles, Chief Executive Nathan Hecht told Auto Finance ...
Honor Finance execs face fraud charges
Honor Finance’s former Chief Executive James Collins and Chief Operating Officer Robert DiMeo have been indicted on federal fraud charges ...
Extended loan terms ramp up risk in Honda ABS
American Honda Finance Co.’s latest transaction — its second of the year — is not insulated from the potential effects ...
Weekly Wrap: COVID-19 pressures used market, ABS deals [Video]
This week, the potential bankruptcy news of rental car conglomerate Hertz shook the industry as the liquidation of its fleet, ...
China’s rebound signals hope for US auto market
As the U.S. auto market continues to be hammered by the coronavirus economy, the “speed and magnitude” of the recovery ...
JD Power: Long-term loans doubled from last year
Longer-term loans, especially 84-month loans, are gaining popularity with consumers as the auto market sees its sixth straight week of ...
