December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid ...
PNC Financial decreased its allowance for auto loan losses in Q4 as the lender’s portfolio grew in 2025 amid strength in the ...
Auto lenders must remain mindful of how they use information about applicants’ immigration or citizenship status in ...
S&P Global is forecasting a drop in auto asset-backed securitization issuance, prompted by projected lower vehicle sales.
KTM Finance’s operations remain unaffected by the ongoing layoffs at KTM AG announced Jan. 13 by parent company Bajaj ...
Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in 2026, as schemes become increasingly ...
Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing its first ...
Mitsubishi Electric will sell its automotive equipment business and plans to solicit bids for the unit, people familiar with ...
Tricolor investors are suing Tricolor securitization trustee Wilmington Trust and its backup servicer Vervent for alleged ...
Auto credit availability reached a two-year high in December as conditions continued to ease at yearend and average ...
Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove ...