PNC Financial decreased its allowance for auto loan losses in Q4 as the lender’s portfolio grew in 2025 amid strength in the ...

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.

Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in Q4, but growth expected in ...

Mitsubishi Electric will sell its automotive equipment business and plans to solicit bids for the unit, people familiar with ...

Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing its first ...

Auto lenders must remain mindful of how they use information about applicants’ immigration or citizenship status in ...

Fraud exposure is expected to cost the auto finance industry 8.7% more year over year in 2026, as schemes become increasingly ...

Gaps in data verification likely contributed to missed double-pledging of assets at Tricolor Auto, prompting changes at ...

Tricolor Holdings founder Daniel Chu and former Chief Operating Officer David Goodgame pleaded not guilty to charges that ...

Trinity Auto filed for Chapter 11 bankruptcy Jan. 2 due to a lack of funding, rising costs and reduced consumer demand.