Search smarter. Discover faster. Experience every Auto Finance News insight — powered by AI.
Tricolor Auto Acceptance’s Chapter 7 bankruptcy filing on Sept. 10 and the Department of Justice’s subsequent fraud investigation sent shock waves through the auto lending and subprime markets, prompting market participants to ask questions, streamline lending...
Read moreDetailsAutomakers, lenders and dealers have seen challenges this year from higher manufacturing costs due to tariffs, mixed consumer demand and changing regulations, and while some expect growth to slow unless...
As Tricolor’s fraud was discovered, former execs allegedly looked to AI for advice. The chatbot drew parallels to Enron. A...
As dealers grappled with slowed consumer demand, weak economic sentiment and record low customer traffic in 2025, the automotive market...
A new lawsuit alleges former Tricolor Chief Executive and co-founder Daniel Chu received tens of millions in compensation from the...
An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders headed into 2026. The...
RV and marine manufacturer Winnebago Industries’ promotional liabilities shrunk in the first quarter of its fiscal 2026 as deliveries and inventory were mixed. Promotional liabilities declined 6.1% year over year and 16.1% quarter over...
Nonprime credit performance across securitized auto loans worsened in November as prime performance saw slight deterioration, a pattern that experts...
Auto lenders and dealers should prepare for stricter state regulation as former Consumer Financial Protection Bureau Director Rohit Chopra seeks to enact his playbook with state attorneys general. The Progressive State Leaders Committee earlier...
© 2025 Royal Media Group