Tag: Weekly Wrap

Gaps in data verification likely contributed to missed double-pledging of assets at Tricolor Auto, prompting changes at rating agencies, Larry Chiavaro, president at his consulting company LC Advisors Group, told Auto Finance News during ...

Auto dealers are expecting a strong tax season to spur a sales jolt early this year, but lenders and dealers are split on their full-year outlook amid rising vehicle prices and macroeconomic challenges facing consumers.   Other factors that market participants are monitoring include how fluctuating interest rates and unemployment will affect consumer ...

An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders headed into 2026.   The ...

New identification requirements for vehicle registrations in Texas have prompted concerns from dealers and lenders about a potential increase in unregistered or uninsured cars on the ...

Electric vehicle sales declined at most major manufacturers in November on the heels of an uptick in EV share of ...

Bankrupt subprime retailer Tricolor’s 10,000 remaining vehicles may be sold by March 2026 if trustee Anne Burns’ motion is approved. ...

The compliance industry continues to face headwinds as funding for the Consumer Financial Protection Bureau is in jeopardy after the ...

Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales and some layoffs.  CarMax ...