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 ...

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

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 ...

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

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

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

Wells Fargo Auto’s originations more than doubled in the fourth quarter as the bank’s relationship with Volkswagen drove ...