The percentage of subprime auto loan borrowers at least 60 days behind on their loans climbed to 6.65% in October. That's ...

Transunion’s Q2 2023 Credit Industry Insights Report shows that Canadians are continuing to take on credit to help manage cash flow as interest rates spike and the cost of living continues to rise.

Axis Auto Finance has taken its latest step toward going away. The Mississauga-based direct-to-consumer subprime lender, which sold its auto finance business to Fionic Canada in December, announced it ...

A growing number of Canadians are considering returning their financed cars as the strain of high living costs and long-term ...

Canadian officials purposely carved out individual auto parts from the tariffs and are taking into account the United States-Mexico-Canada Agreement, or USMCA, trade deal with the new levies. There's ...

6.6 percent of subprime auto borrowers were over 60 days past due in Jan. It's the highest level since Fitch Ratings began tracking data in 1994 President Trump's tariffs are likely to drive up car ...

New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...

America’s love affair with new cars is colliding with a financial nightmare. According to a new report from the Consumer Federation of America (CFA), total U.S. auto loan debt has ballooned to an ...

TORONTO, Oct 28 (Reuters) - Canadian auto parts makers have asked the federal and Ontario governments for immediate short-term loans of up to C$1 billion ($775.2 million) to survive the liquidity ...