Longer original loan terms and delinquencies may weaken auto asset-backed securitization performance in 2026.  “An important trend to watch is this growing percentage of loans with original terms of ...
Prime auto asset-backed securities spreads tightened at the start of 2026 compared with a year prior while subprime ...
Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in 2026, as schemes become increasingly ...
Mitsubishi Electric will sell its automotive equipment business and plans to solicit bids for the unit, people familiar with ...
PNC Financial decreased its allowance for auto loan losses in Q4 as the lender’s portfolio grew in 2025 amid strength in the ...
Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in Q4, but growth expected in ...
December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid ...
S&P Global is forecasting a drop in auto asset-backed securitization issuance, prompted by projected lower vehicle sales.
Used-vehicle values inched up in December as prices increased for luxury cars and electric vehicles, offsetting drops across ...
Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing its first ...
Trinity Auto filed for Chapter 11 bankruptcy Jan. 2 due to a lack of funding, rising costs and reduced consumer demand.
Tricolor Holdings founder Daniel Chu and former Chief Operating Officer David Goodgame pleaded not guilty to charges that ...