Nonprime auto lenders should offer more financing on used EVs, GM Financial President of North America Operations Kyle Birch ...
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.
Fintech lender Yendo is expanding its credit products with the launch of an unsecured credit card aimed at nonprime consumers ...
If you’re looking for comprehensive industry news, strategic insights, and event perks, the Auto Finance News Premium Subscription is ideal for staying informed with breaking news, best practices, and ...
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 ...
BRP lowered its earnings outlook for fiscal 2027 after revised U.S. tariffs created what leaders there estimate will be as ...
Yamaha Motor Finance Corp. USA on June 1 closed a $400 million dealer floorplan asset-backed securitization transaction, its first term ABS ...
Volkswagen Financial Services will no longer originate retail loans in the United States starting in April 2025; Wells Fargo Auto has been named the preferred financier for Volkswagen, Audi and Ducati ...
The closure of subprime auto lender Prestige Financial Services’ origination business may have been accelerated by parent Larry H. Miller Co.’s efforts to buy a Major League Baseball team. Draper, ...
While auto lenders can’t predict the future, capital stress testing can help identify how macroeconomic scenarios may trigger losses.