Auto lenders tighten standards as nonprime, prime delinquencies up
Subprime auto lenders are tightening credit standards as delinquencies rise, in part from delayed calls to repossess vehicles or slower...
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BMO Commercial Bank’s Stephen Anderson to join Auto Finance Summit East 2026
Auto Finance News is pleased to announce Stephen Anderson, managing director at BMO Commercial Bank, will join a discussion on...
Rivian deliveries jump 20% YoY in Q1
Rivian Automotive’s deliveries jumped in the first quarter alongside rising software and services revenue, as the company begins production of...
PenFed auto originations jump 88%
PenFed Credit Union’s auto originations rose through the first quarter as the financier improved its capital and liquidity position. The lender’s auto loan...
AutoNation Finance originations flat YoY, up 15% QoQ
AutoNation Finance’s originations and credit performance were stable in the first quarter, while sales volumes were weighed down by a 2025 pull-ahead in car purchases. AutoNation Finance originated $460...
MarineMax, OneWater Q2 F&I mix offsets softer demand
MarineMax and OneWater Marine reported lower revenue in the fiscal second quarter, as finance and insurance and a higher-margin product...
Edge Financial CEO Marohn to join Auto Finance Summit East 2026
Auto Finance News is excited to announce that Doug Marohn, chief executive at Edge Financial Services, will join a discussion on nonprime...
Ford Credit finance, lease penetration rise
Ford Credit’s U.S. finance penetration and lease share of retail sales increased in the first quarter, while delinquencies and losses climbed in line with seasonal...
Carvana originations jump 59%
Carvana’s originations soared in the first quarter as the retailer increased product offerings and advertising and sales increased. Carvana’s originations...
