Auto lenders eye AI, blockchain liquidity, social media trends
Auto lenders are eyeing AI and other digital technologies amid continued industrywide concerns over affordability pressures.Chase Auto will deploy AI that can fully automate the contract booking and f...
2 Maalis 9min
Drivers underestimate annual car ownership costs with Synchrony’s Keith Mait
Drivers underestimate the cost of owning a vehicle by nearly $4,500 a year, underscoring mounting affordability pressures across the auto market. There is a growing disconnect between consumer expecta...
24 Helmi 24min
Auto industry adapts to evolving technology, affordability
Auto dealers and lenders are looking to new technologies and ventures to grow operations as the retail auto market faces uncertainty, especially around used vehicles and EVs, in 2026. Dealer captive f...
9 Helmi 12min
Auto, powersports originations mixed
Auto and powersports financiers mostly reported lower originations and sales for the last quarter as shifting spending patterns by cash-strapped consumers fuel uncertainty. Lenders that reported fewer...
2 Helmi 10min
Banks’ auto originations rise in Q4
Banks reported growth in auto originations in the fourth quarter as credit performance was mixed. Auto originations at Ally Financial, Capital One, Chase Auto, U.S. Bank and Wells Fargo increased yea...
26 Tammi 12min
Tricolor collapse, servicing transition sparks industry changes
Gaps in data verification likely contributed to missed double-pledging of assets at Tricolor Auto, prompting changes at rating agencies, Larry Chiavaro, president at his consulting company LC Advisors...
12 Tammi 27min
Auto lenders, dealers look to tax season for boost
Auto dealers are expecting a strong tax season to spur a sales jolt early this year, but lenders and dealers are split on their full-year outlook amid rising vehicle prices and macroeconomic challenge...
5 Tammi 6min
Affordability, repos, credit performance top concerns into 2026
An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders headed into 2026. The shutdown of several lenders this year combined with in...
22 Joulu 20258min
