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auto finance

Black Book: Weekly Market Update

Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.

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Automotive Industry Sees New Vehicle Finance Shift Back to Pre-Pandemic Levels in Q2 2021

Overall, the data shows encouraging signs for the automotive finance market.

CULA Continues Hot Streak with New Monthly Records in 2021

CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.

Cynthia Caine Named as Head of Wells Fargo Commercial Auto Group

Finance industry veteran brings decades of dealer-focused experience to the management role.

Credit Unions Ramp Up Online Services in Step with Dealers’ Opportunities

Credit unions ramping up their abilities to serve their customers digitally is playing an ever-increasing role in satisfying auto-lead and auto-loan origination for their dealership partners.

Automotive Finance Industry Shows Consistency in Q4 2020 Despite Disruptions

Overall, the automotive finance market has remained resilient, despite the pandemic. Staying close to the data will help lenders ensure they have the right options available to fit consumers’ needs and budgets.

January Auto Lease Payments Up on Several SUV Brands While Others Slash Prices

While many SUV brands decrease lease payments, others increase monthly rates after the New Year to meet the segment average.

MUSA Auto Finance Partners with Two Large Financial Institutions

MUSA Auto Finance announced its plans to expand both new and used car leasing nationwide through a partnership with two large U.S. financial institutions working together toward securitization.

Despite the Initial Impact of COVID-19, the Automotive Industry Shows Positive Signs In Q2 2020

The average loan amount for a new vehicle jumps $4,000; however, the average monthly payment remains steady.

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Winners of 2020 Dealers’ Choice Awards Announced

For 16 years, the program has recognized the industry’s best vendors, suppliers, and finance partners.

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