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
Dealers grapple with new registration requirements, ATPs rise
New identification requirements for vehicle registrations in Texas have prompted concerns from dealers and lenders about a potential increase in unregistered or uninsured cars on the road. The Texas D...
15 Joulu 20258min
EV sales slow in November, used-vehicle values flat
Electric vehicle sales declined at most major manufacturers in November on the heels of an uptick in EV share of total new-car sales in the third quarter, due in large part to a pull-ahead of purchase...
8 Joulu 20258min
Tricolor’s 10K vehicles could be sold by March
Bankrupt subprime retailer Tricolor’s 10,000 remaining vehicles may be sold by March 2026 if trustee Anne Burns’ motion is approved.Tricolor backup servicer Vervent and vehicle management company Holm...
1 Joulu 20258min
Flagship sold to investment firm, Prestige halts originations
Last week brought more shakeups in the auto finance industry as lender Flagship Credit Acceptance announced it was finalizing a sale of the company to an investment firm, while Prestige Financial Serv...
24 Marras 20257min
