CNBC's Phil LeBeau breaks down new car loans in the first quarter, and expectations for May auto sales out tomorrow.» Read More
CNBC's Phil LeBeau reports on new data showing Americans are now taking out auto loans at record levels to pay for new cars and trucks.
American car leasing is at an all-time high as the cost of new vehicles rises.
Michael Ward, Sterne Agee CRT, and Dave Whiston, Morningstar, discuss auto sales.
CNBC's Phil LeBeau reports on what's selling in the auto industry.
News that Pep Boys has caught the eye of private equity is the latest evidence of this investing trend, says investment banker Vincent Carey.
Stories that begin with central banks easing bank lending requirements don't often end happily, but Indonesia may dodge creating a credit bubble.
NEW YORK, May 20- When Saideh Browne had an emergency appendectomy in the summer of 2012, she had no idea it would raise the cost of a car loan three years later. The 44- year-old personal trainer from New York recently visited a dealership to buy a new Honda Accord and discovered her credit score had been dinged by two lingering medical bills for $770 that had gone to...
April 23- General Motors Financial Co Inc, the auto financing arm of General Motors Co, reported a 23 percent jump in quarterly revenue, as it benefited from the automaker's efforts to bolster its lending operations. General Motors said earlier this year that GM Financial would replace Ally Financial Inc as the exclusive lessor for Buick, GMC and Cadillac...
Tim Russi, Ally Financial, weighs in on the health of auto financing after a recent jump in subprime loans.
John Mendel, American Honda Motor Co., discusses detail about the new 10th Generation Honda Civic and what consumers can expect in the near future.
CNBC's Dominic Chu breaks down General Motors latest sales numbers.
Despite industry problems, Santander Consumer USA had little trouble finding buyers for its subprime auto loan bond deal, the NYT reports.
It is now common to price out cars before going to visit the dealer. Vince Passione, Lendkey founder and CEO, is trying to do the same thing online for car loans.
Auto loans are up 29%. Discussing whether car buyers should pay cash or take the longer loan at a low interest rate, with Jonathan Clements, WSJ Finance columnist, and Mark Martiak, Premier Financial Advisors, who says it is a smart move to take advantage of low rates.
Auto loans are up 29% and there is a boom in demand for SUVs, reports CNBC's Phil LeBeau.
AutoNation's CEO says he's not worried about subprime car loans even though Wells Fargo said it would cap lending to borrowers with low credit scores.
Mike Jackson, AutoNation chairman & CEO, has the update on what's driving February sales and shares his thoughts on whether the industry is increasing subprime loans.
Consumers are increasingly taking out longer term loans in order to keep their monthly payment as low as possible, reports CNBC's Phil LeBeau.
Wells Fargo, one of the largest subprime car lenders, is pulling back from that market, a move that is being felt throughout the auto industry. New York Times reports.
WASHINGTON, Feb 25- Santander Consumer USA Holdings Inc will pay at least $9.35 million to resolve charges that it improperly repossessed the cars of members of the U.S. military, the U.S. Department of Justice said on Wednesday. SCUSA is the tenth largest U.S. auto lender, according to data provider Experian Automotive. The amount of outstanding auto loans...