Affordability and inflation headwinds that affected origination volumes at the end of 2023 continued to pose challenges for auto players and consumers in the first quarter of 2024. The industry is nav ...
Chase Auto leverages ATMs, branches and digital channels as well as the bank’s own products to drive business for its private ...
The US Supreme Court upheld the Consumer Financial Protection Bureau’s funding system, lifting a legal threat that could have ...
US household debt has reached a record and more borrowers are struggling to keep up. Overall US household debt rose to $17.7 ...
A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials ...
Social impact, lack of dealer support and struggling business models are hindering mass EV adoption while EV manufacturers ...
Avid Acceptance has expanded its lower credit tiers after originations plummeted in 2023 amid a focus on higher-quality ...
President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs that’s expected to target key ...
Arvest Bank's originations are expected to grow slightly in 2024 on the heels of double year-over-year growth in 2023 ...
Hyundai Capital is nearing 40% in e-funding as the company uses generative AI to make financial decisions more quickly.
Though base salaries and stock awards increased, smaller bonuses drove a 5% decline in auto finance executives’ compensation ...