The auto industry has had its ups and downs over the years, to say the least. Post-pandemic, it’s gone through another renaissance. This means an uptick in potential car buyers for 2025. With interest ...

Capital One has laid off a small number of its 3,300 auto finance employees. The layoffs occurred last week in response to the company's decision to cut back on writing new loans, according to a ...

Capital One Financial Corporation has much higher exposure to deteriorating consumer credit stability as living costs rise, and consumer debt issues mount. The bank's higher subprime auto loan ...

Whether you are purchasing a new or used vehicle, obtaining financing is usually the most difficult part of the process. Since more than 80% of new vehicle purchases are financed, you aren’t alone if ...

Capital One Financial is backing off slightly from the booming auto market, with its chief executive citing “aggressive” actions from credit unions and other lenders that are keeping their pricing ...

McLEAN, Va. — As much as consumers might be conducting research before making a vehicle purchase, the seventh annual Rules of the Road Survey from Capital One Auto Finance found that many buyers are ...

Capital One has decided to terminate its auto dealer services business offering floorplan lending. "We will be winding down that work this year," a Capital One spokesperson told Automotive News in a ...