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autofinancenews
12 小时
CACC originations rise 0.3%
CACC's originations and number of active dealers rose in the fourth quarter as the subprime lender’s used-vehicle market ...
autofinancenews
11 小时
Managing inventory key to 2025 success for dealers
Managing inventory will be key to driving profit and loyalty as dealers struggle for better margins in 2025. Dealer margins are likely to be challenged again in 2025 as the market works through a ...
autofinancenews
11 小时
Motorhome values drop 3.2%
Motorhome and towable values dipped year over year in December while auction volume declined as dealers held off on acquiring used inventory.
autofinancenews
1 天
25% of used-car buyers in negative equity position
Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in ...
autofinancenews
1 天
Tax refunds could offset rising DQs on securitized loans
Delinquencies and losses across prime and nonprime securitized auto loans rose year over year but improved sequentially in ...
autofinancenews
1 天
Tesla Finance’s lease penetration hits 5.4%
Tesla Finance’s lease penetration ticked up in the fourth quarter while full-year sales dropped year over year for the first ...
autofinancenews
2 天
Auto loan rates continue slow decline as Fed cuts set in (Big Wheels)
Auto loan rates for both new and used vehicles declined year over year in January, driven by the gradual impact of three ...
autofinancenews
1 天
Honda, Nissan sales slid in 2024, bolstering case for tie-up
Honda Motor Co. and Nissan Motor Co. saw global vehicle sales stagnate or fall in 2024, underscoring the need for the pair to combine.
autofinancenews
2 天
CFPB says servicemembers pay more for auto loans
U.S. service members allegedly pay more for auto loans than civilian borrowers, according to a Consumer Financial Protection ...
autofinancenews
2 天
U.S. Bank names Gunjan Kedia CEO
U.S. Bank has named Gunjan Kedia chief executive, effective April 15. Kedia will succeed CEO Andy Cecere, who will serve as ...
autofinancenews
2 天
Wells Fargo ends 2022 CFPB consent order
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...
autofinancenews
2 天
Octane inks ‘evergreen’ agreement with Georgia’s Own Credit Union
Georgia’s Own Credit Union and powersports lender Octane Lending on Jan. 28 announced a multiyear forward-flow ...
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