Tag: Weekly Wrap

June marked mixed vehicle sales and an uptick in incentives ahead of the July Fourth holiday, while the industry continues ...

Higher insurance costs are exacerbating affordability and funding challenges for subprime borrowers as the auto finance industry continues to navigate ...

Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of ...

Car dealerships are leaning on manual processes following consecutive cyberattacks against software provider CDK Global last week.  Dealers have been ...

Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive signs toward improving affordability.   ...

Auto lenders were active in the capital markets last month as credit union issuance picked up, while market share among ...

Optimizing efficiency, improving accuracy and customer experience, and automating credit decisions are core uses of artificial intelligence in the auto ...

Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit performance across loans originated ...