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autofinancenews
2 天
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
4 天
AI task force report: Implications for auto finance and AI fintechs
The Bipartisan House Task Force on Artificial Intelligence released a report outlining 66 key findings to guide AI innovation ...
autofinancenews
3 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
2 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
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
2 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
1 天
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
4 天
Polaris Q4 sales drop 23% as shipments fall 33%
Polaris’ sales remained sluggish in the fourth quarter amid continued efforts to reduce yearend shipments. Fourth-quarter ...
autofinancenews
4 天
U.S. appeals court strikes down FTC’s CARS rule
A U.S. appeals court struck down the FTC’s rule aimed at cracking down on unfair and deceptive practices tied to dealers’ ...
autofinancenews
4 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
11 天
Vehicle loan pricing to fluctuate in 2025 (Big Wheels)
The price of a vehicle loan is expected to continue fluctuating in 2025 and land higher year over year, driven in part by ...
autofinancenews
4 天
Madeline Durrett
Toyota Financial Services is harnessing generative AI to enhance productivity and modernize its capabilities. As the auto ...
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