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Inflation and interest rate hikes could dampen consumer demand.
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Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
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McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.
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Powered by its robust offering, SAF continues to sign dealer agreements and fund loans.
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Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
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Overall, the data shows encouraging signs for the automotive finance market.
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CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.
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The company will continue growing its indirect lending business while also branching into direct-to-consumer financing, traditional retail financing, and lending across the full credit spectrum.
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Finance industry veteran brings decades of dealer-focused experience to the management role.
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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.
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