Nissan Motor Acceptance Co. this year plans to complete the integration of a new loan and lease receivables system ...
Ally Financial will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business ...
Auto outstandings are forecasted to gradually tick up after the first quarter of 2025 after remaining flat at the end of 2024 ...
Credit performance across securitized prime and nonprime auto loans weakened at the end of 2024 as loans originated in 2022 ...
Declining used-vehicle prices contributed to a rise in the volume of 1- to 5-year-old models priced below $20,000 at the end ...
Sales were strong from nearly every auto manufacturer in the fourth quarter, driving up yearend sales numbers.
The Exponential Used Vehicle Index hit 134.73 as of Dec. 28, 0.1% higher than December 2023 and down 1.3% sequentially.
The past year has largely been defined by persistent affordability concerns even as vehicle prices stabilize and interest rates come down ...
Carvana has reestablished an agreement with Ally Financial to sell the lender up to $4 billion in used-vehicle loan ...
JPMorgan has reiterated its stance on Carvana following a report from short-seller Hindenburg that raised concerns on the ...
Gravity Lending’s auto refinance applications and approvals have grown year over year, driven by declining interest rates and the resurgence ...
Powersports lender Octane Lending is expecting double-digit origination growth in its RV and marine segments in 2025.