Auto lenders are eyeing automated tools and AI for information on borrowers’ habits and repayment history. Tysons, Va.-based ...
Ford Credit’s leasing share picked up in the third quarter as its U.S. portfolio increased, but finance penetration declined.
Asset backed securitization investors are calling for more transparency across asset classes in the wake of the collapse of Tricolor ...
RV and marine manufacturer Winnebago Industries reported a rise in promotional liabilities in the fourth quarter of fiscal ...
Tesla Finance’s lease penetration and portfolio fell year over year in the third quarter, despite rising vehicle deliveries.
AutoNation Finance’s originations jumped in the third quarter as new vehicle sales increased, while Sonic Automotive's F&I ...
Lithia Motors’ finance arm, Driveway Finance, originated $732 million in loans during the third quarter, marking its sixth ...
A ramp-up of state regulation amid a pullback from the Consumer Financial Protection Bureau could have an indirect impact on the asset-backed ...
Auto lenders such as Ford, Credit Acceptance are proactively addressing investor questions following Tricolor’s Chapter 7 ...
Auto industry practices are increasingly influencing equipment finance as more leaders cross over between the industries, ...
As auto finance continues to evolve, lenders are increasingly evaluating digital solutions powered by AI to streamline ...