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August 9, 2018 - Industry News

Equifax: Subprime Pullback Continued in Q1

Subprime originations fell 4.5% from a year ago to 1.841 million in the first quarter, a period in which total outstanding balances topped a quarter trillion, the firm reported.

Tags: auto finance, Auto Leases, Equifax, loan originations

August 2, 2016 - Industry News

NADA Maintains 17.7 Million Sales Forecast for 2016

Despite current economic and political uncertainties, the NADA is sticking with its original sales forecast of 17.7 million news cars and light trucks for 2016. The association's chief economist, however, predicted that total sales will drop to 17.1 million units in 2017, noting that most of the pent-up demand from the Great Recession has been satisfied.

Tags: Auto Leases, NADA, New Vehicles, SAAR

July 30, 2015 - Industry News

Ally Increases Used, Nonprime Originations With Loss of GM Lease Business

Ally’s second quarter originations were flat from a year ago despite the loss of General Motors’ lease business, with the company shifting its origination mix toward used and nonprime.

Tags: Ally Financial, Auto Leases, GM Financial, loan originations, nonprime

May 21, 2015 - Industry News

Lease Deals Heat Up in May, Reports reports that aggressive lease deals have continued in May, with 15 popular cars and trucks being offered in its new lease online marketplace for monthly payments of $200 or less leading into Memorial Day weekend.

Tags: Auto Leases, Memorial Day sales,

February 11, 2014 - Industry News

Lease Approvals Mirroring Consumer Credit Trends, Reports

According to, lease approvals are following similar patterns as the broader consumer credit trends, falling from 73.3% in December to 70.5% in January.

Tags: Auto Leases, credit approval rate,

October 31, 2013 - Industry News

GM Financial Resists Market Share Race

GM Financial reported this week a decrease of about $200 million in North American consumer loan originations for the quarter. But there’s a reason for that, says the company’s chief executive.

Tags: Auto Leases, General Motors, loan originations, loan-to-value ratio

October 29, 2013 - Industry News

TFS Gives Toyota Leg Up on GM, Ford

Toyota’s captive finance arm has been able to draw a wider range of customers through no-interest loans and low-cost leases, thanks to its automaker’s AA-credit rating and $95 billion in assets, Bloomberg reports.

Tags: Auto Leases, Auto Loans, Ford, General Motors, Toyota, Toyota Financial Services

April 24, 2012 - Industry News

U.S. Auto Lease Volume Growing, New Report Finds

A report from Moody's and Equifax showed that total U.S. auto lease balances increased 9 percent in March compared with a year ago, more than twice the increase in auto loan balances.

Tags: Auto Leases,, Equifax, Moody's Analytics

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