Browsing: Auto

Key Insight: The Consumer Financial Protection Bureau’s proposal comes as auto loan delinquencies are hitting their highest levels in decades. What’s at Stake: Banks object to reduced…

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016.David A. Grogan | CNBCBillionaire investor Carl Icahn took a significant stake in auto…

Key insight: Even amid challenging conditions for the auto industry, Ally Financial posted third-quarter earnings that outpaced analysts’ estimates.Supporting Data: Ally’s earnings per share for the quarter…

Jamie Dimon, CEO of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, D.C., on March 12, 2025.Al Drago | Bloomberg |…

Key Insight: Some 10,000 cars across the country are at the center of the contention as Tricolor’s bankruptcy case kicks off.What’s at Stake: The subprime auto…

A Tricolor dealership in Houston on Sept. 11, 2025. Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the Southwest,…

Key Insight: Lendbuzz is the latest fintech to join a resurging IPO market.Supporting Data: Lendbuzz H1 2025 revenue $172.9 million (38% YoY); net income $11.1 million…

Key Insight: Tricolor’s business model differed from other auto finance companies, which could have contributed to its problems.What’s at Stake: It’s unclear how many more lenders…

Related: How to get the best auto loan rates Source link

What is an auto loan hardship program? Source link