Vehicle sales climbed for nearly every automaker in the first quarter as looming tariffs drove a March sales surge.
Nonprime auto asset-backed securitization issuance surpassed last year’s volume year to date even as total issuance trailed year over year.
Automakers including General Motors Co. and Hyundai Motor Co. reported higher US auto sales as the threat of price hikes from ...
The auto finance industry is navigating a landscape marked by rising delinquencies, escalating fraud and evolving consumer ...
Subprime lenders looking to regain momentum in 2025 are expressing measured optimism as they navigate consumer stress and ...
Credit Acceptance Corp. is eyeing growth through improving products, enhancing dealer and customer experiences and ...
A gauge of credit risk rose on Monday as looming tariffs stoked concerns of an economic slowdown and stock markets fell.
Anita Chalkley, senior vice president of credit acquisition at Synchrony Financial, draws on personal credit challenges to advocate for ...
Auto incentives have seen little change thus far, but upcoming tariffs could change that.  The average transaction price of a new vehicle in February was $48,039, up 1% year over year but down 1.3% ...
Nikola founder Trevor Milton, who was convicted of fraud related to the electric-truck maker’s financial progress, was ...
The fourth quarter highlighted still-elevated auto delinquencies, growing lease share and competitive market conditions.
Auto lenders are seeing a jump in fraud, with exposure across the industry hitting a record level in 2024.   Whereas a bad ...