Tag: Weekly Wrap

Auto lenders are eyeing AI and other digital technologies amid continued industrywide concerns over affordability pressures. Chase Auto will deploy ...

Drivers underestimate the cost of owning a vehicle by nearly $4,500 a year, underscoring mounting affordability pressures across the auto market.  There is a growing disconnect between consumer ...

Auto dealers and lenders are looking to new technologies and ventures to grow operations as the retail auto market faces uncertainty, especially around used vehicles and EVs, in 2026.  ...

Banks reported growth in auto originations in the fourth quarter as credit performance was mixed.   Auto originations at Ally Financial, Capital One, Chase Auto, U.S. Bank and Wells Fargo increased year over year, according to ...

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 ...