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autofinancenews
1 天
Huntington Bank auto originations up 83%
Regional bank's’ fourth-quarter earnings primarily showcased growth in auto finance, mirroring similar results reported by ...
autofinancenews
1 天
RumbleOn names Quartieri CEO in shakeup
Recent leadership changes at powersports retailer RumbleOn are making the company temporarily noncompliant with listing ...
autofinancenews
1 天
CFPB fines American Honda Finance $12.8M
American Honda Finance Corp. is being hit with a $12.8 million fine by the Consumer Financial Protection Bureau, which claims ...
autofinancenews
1 天
Sales offset auto ABS issuance drop in December (Big Wheels)
A rise in auto sales offset a decline in securitization issuance in December, contributing to stronger auto finance industry ...
autofinancenews
1 天
Stellantis North American shipments fall 28%
Stellantis’ North American sales and shipments declined in the fourth quarter as the automaker looked to reduce inventory.
autofinancenews
2 天
Record $20M FTC settlement points to active regulatory environment
A series of regulatory actions during the past month, including the largest FTC settlement involving a dealership, indicates ...
autofinancenews
2 天
Fed’s Waller says fresh rate cuts possible in first half of 2025
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of ...
autofinancenews
2 天
Beige Book: Sales rise, inventories dwindle at yearend
Dealers saw auto sales rise in the latter half of November through December as resolved election uncertainty, OEM ...
autofinancenews
2 天
Bank of America originations rise 11.5% year over year
Bank of America’s auto originations rose in the fourth quarter as the bank eyes further growth in 2025. Originations ...
autofinancenews
3 天
Wells Fargo Auto originations up 52% year over year
Auto originations totaled $5 billion in Q4, up 51.5% YoY and 22% quarter over quarter, according to the earnings supplement ...
autofinancenews
3 天
Chase Auto originations climb 7.1% YoY
Chase Auto’s origination volume climbed year- over- year in the fourth quarter of 2024, driven by growth in leasing.
autofinancenews
3 天
How USAA is investing in tech to speed the loan process
USAA is implementing technology to speed loan application and approval as the lender projects flat auto origination growth.
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