Dow Jones Transportation Average, which weighs members by their share price rather than market value, was dragged down by ...
Cox Automotive has agreed to acquire Fullpath, an AI-powered customer data platform and marketing automation provider, ...
Bank of America’s auto originations dipped in the first quarter as it continues to prioritize higher-quality ...
Huntington Bank’s auto originations ticked down in the first quarter as credit performance weakened in line with industry ...
Tesla’s lease penetration dropped in the first quarter despite increased deliveries and production compared to a year prior.
Banks are detailing their private credit exposure to boost transparency amid questions from investors. Executives from ...
With rising vehicle prices and a shift toward longer loan terms, more customers are saddled with higher negative equity.
Capital One’s auto originations rose in the first quarter while credit performance was largely stable, but provisions for losses increased. Auto originations totaled $11.1 billion, up 20.9% year over ...
Synchrony is leaning more on AI to enhance credit decisioning in its auto portfolio as improving credit performance creates ...
National auto loan interest rates on new and used vehicles decreased YoY this month as consumers face higher costs for ...
In auto lending, bust-out fraud is one of the most expensive schemes lenders encounter — and one of the easiest to miss.
Several lenders that typically issue one auto asset-backed securitization deal per year came to market in the past ...