Tag: Premium

S&P Global is forecasting a drop in auto asset-backed securitization issuance, prompted by projected lower vehicle sales.   The rating agency projects a 4%, about ...

PNC Financial decreased its allowance for auto loan losses in the fourth quarter as the lender’s auto portfolio grew in 2025 amid strength in the U.S. auto ...

Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing its first auto asset-backed securitization deal of the year.  Westlake ...

Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in 2026, as schemes become ...

KTM Finance’s operations remain unaffected by the ongoing layoffs at KTM AG announced Jan. 13 by parent company Bajaj Mobility.  Bajaj, formerly Pierer Mobility, said its powersports manufacturing subsidiary, KTM AG, ...

Auto Finance News is pleased to announce that Volkswagen Financial Services President and Chief Executive Ernst Jan van Eijkelenburg will join a one-on-one fireside chat at Auto Finance ...

Mitsubishi Electric Corp. will sell its automotive equipment business and plans to solicit bids for the unit, people familiar with ...

Tricolor investors are suing Tricolor securitization trustee Wilmington Trust and its backup servicer Vervent for alleged negligence in not preventing ...