Tag: Weekly Wrap

Elevated interest rates contributed to a competitive landscape that prompted some banks to slow auto lending activity in the fourth ...

Fourth-quarter earnings season kicked off with several banks reporting mixed results in auto originations as some tightened credit and others ...

Stricter federal tax credit requirements for electric vehicles have prompted price cuts, incentives, and dealer operation changes.   Fewer EVs qualify ...

Affordability and profitability were top of mind for auto lenders in 2023, and 2024 is set to be a year ...

Elevated interest rates and inflationary pressures have prompted auto lenders to tighten credit, leading credit unions to step back and ...

Incentives and lower monthly payments are helping drive leasing as vehicle sales improved in November.   More than 27% of prime ...

Delinquencies and net losses in the prime and subprime auto asset-backed securities market continued to increase in September, while captive ...

Higher interest rates are just one challenge facing consumers and affecting their ability to make their car payments.   Auto ...