NASHVILLE — During the auto inventory shortage following the COVID-19 pandemic, vehicles sold easily, dealerships were profitable and automakers cut the amounts they spent subsidizing the cost of ...
DES MOINES, Iowa — As lenders look to grow profitability and market share, subprime could become an attractive avenue again, albeit with tighter underwriting criteria. In perhaps one indication of the ...
GARDEN CITY, N.Y. — Starting tomorrow, Chase Auto Finance will begin offering subvented loans and leases for Mazda's North American operations, a spokeswomen for the lender told SubPrime Auto Finance ...
KBRA assigns preliminary ratings to eight classes of notes issued by Chase Auto Owner Trust 2025-2 (“CHAOT 2025-2”), an auto loan ABS transaction. The transaction has initial hard credit enhancement ...
JPMorgan Chase Bank’s auto finance unit has been hit with a proposed class action in Minnesota accusing it of repossessing cars and putting them up for sale without giving their owners legally ...