Displaying 1 - 20 of 332 in total
Ally Financial, Capital One, Huntington Bank auto originations mixed
Ally Financial, Capital One and Huntington Bank posted mixed results in the second quarter for auto originations and credit performance. Ally Financial’s auto origin...
Wells Fargo Auto, Chase Auto originations jump in Q2
National and regional bank second-quarter earnings point to mixed performance as larger banks lean into auto production while regional banks held steady or scaled back...
Subaru Motors Finance to target first-time buyers, expand credit access
Subaru Motors Finance plans to expand its underwriting to attract more first-time buyers, Managing Director Michael Cottone tells Auto Finance News in the latest episo...
BMW Financial’s lease penetration normalizes post-EV tax credit
BMW Financial Services’ lease penetration has normalized following the elimination of the federal electric vehicle tax credit, says Ole Jensen, chief executive and pre...
Rising insurance costs add to affordability woes
Car buyers are facing a tough market as rising insurance costs add to vehicle ownership expenses and lenders are mindful of high loan-to-value ratios. The national s...
Podcast: Carvana, CarMax sales rise, interest rates decline
Auto retailers are gaining momentum on the heels of increased sales and finance volume even as the industry navigates continued affordability headwinds. Carvana last...
Carvana VP of finance talks rate cuts, profitability, sales growth
Carvana has lowered its interest rates as its profitability, sales and finance volume improve. The Tempe, Ariz.-based retailer in the past year has focused on expandi...
Buyers’ AI-powered research reshapes powersports purchases
AI-powered research tools are changing how consumers shop for powersports vehicles, prompting dealers to spend more time explaining financing options and correcting mi...
Used-car financing gains share as affordability pressures mount
Used-car financing gained ground in the first quarter as affordability pressures continued to push consumers away from higher-priced new vehicles. Used vehicles accou...
Auto leaders dive into affordability, funding diversification, credit performance
The higher cost of living is exacerbating affordability concerns and prompting auto lenders to take a close look at rising delinquencies, asset pricing and innovative ...
Financing key for 81% of shoppers when making large purchases
Powersports dealers are introducing financing discussions earlier in the buying process as affordability concerns and economic uncertainty shape consumer behavior duri...
Originations rise in Q1 as affordability challenges, EV demand grow
In the first quarter, the auto finance industry balanced strong auto loan originations with persistent affordability challenges, shifting EV demand and rising asset-ba...
‘Affordability is No. 1’ driver of PNC’s auto refinance demand
Consumer budget concerns are driving year-over-year surges in auto refinance applications, Strati Papageorge, senior vice president of product at PNC Financial, tells ...
Lenders report mixed auto originations, delinquencies dip in Q1
Lenders’ auto originations were mixed in the first quarter, though most reported declining delinquencies.Originations reported by major banks include:Ally Financial, u...
Rising costs, EV demand, regulation reshape auto finance landscape
Auto lenders and dealers are navigating mounting pressure in 2026 as inflation, geopolitical conflict and regulatory shifts weigh on profitability and consumer behavio...
Auto lenders balance growth with rising credit, affordability pressures
Auto lenders are working to balance growth against rising credit and affordability pressures as the market adjusts to shifting consumer behavior in 2026. Luxury vehic...
Iran war, rising fraud further pressure auto industry
Continued concerns around the Iran war and an increase in fraud schemes are placing more stress on auto lenders, dealers and consumers while driving shifts in risk man...
Capital One’s Sanjiv Yajnik IDs technological shifts in auto finance
AI adoption is changing how auto finance companies approach efficiency gains and how the industry scales, Sanjiv Yajnik, president of financial services at Capital One...
Iran war spurs economic uncertainty for auto finance industry
The auto finance industry continues to navigate heightened economic uncertainty as the Iran war drives oil prices higher, adding pressure to consumers already facing e...
Rising gas prices, high rates add to affordability woes
Despite a rise in subprime financing share in the fourth quarter of 2025, affordability remains a key focus for auto lenders and dealers as lower-income consumers cont...