Nonprime auto lenders should offer more financing on used EVs, GM Financial President of North America Operations Kyle Birch ...
Synthetic identity fraud made up 12% of total auto fraud losses in the second quarter as scammers turn to agentic AI and ...
Global Lending Services is expanding a program for dealers that provides instant pricing, rate and payment information across ...
RV manufacturer Thor Industries reported lower fiscal third-quarter incentives and sales as weak consumer demand and cautious dealer ordering continued to pressure the RV market. Promotions and ...
Yamaha Motor Finance Corp. US said the ABS transaction drew more than $2 billion of buying interest from investors.
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The industrial bank under Toyota’s captive grew its retail auto portfolio to $4.1 billion in the first quarter after originating Mazda Financial Services’ auto loans for more than a year. Toyota ...
Yamaha Motor Finance Corp. USA on June 1 closed a $400 million dealer floorplan asset-backed securitization transaction, its first term ABS ...
The Consumer Financial Protection Bureau’s latest supervisory report released today focused on auto loan originations practices, particularly the sale of add-on products and required refunds. The ...
Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to obtain their vehicle faster. The online used-car ...
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