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auto finance

Subprime Lender Has Mixed Q3 Results

Credit Acceptance boosts loan volume, value but lowers collection rate forecast.

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Financial Forces Threaten Improved Auto Supply Chain

Inflation and interest rate hikes could dampen consumer demand.

NADA Blasts FTC Over Proposed Dealership Rules

Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.

McLaren and Fisker Choose Chase for Branded Financing

McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.

Solera Auto Finance Builds Momentum and Advances to 20 States

Powered by its robust offering, SAF continues to sign dealer agreements and fund loans.

Black Book: Weekly Market Update

Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.

Automotive Industry Sees New Vehicle Finance Shift Back to Pre-Pandemic Levels in Q2 2021

Overall, the data shows encouraging signs for the automotive finance market.

CULA Continues Hot Streak with New Monthly Records in 2021

CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.

MUSA Auto Finance to Rebrand as DRIVRZ Financial

The company will continue growing its indirect lending business while also branching into direct-to-consumer financing, traditional retail financing, and lending across the full credit spectrum.

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Cynthia Caine Named as Head of Wells Fargo Commercial Auto Group

Finance industry veteran brings decades of dealer-focused experience to the management role.

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