Beige Book: Auto repairs tick up as consumers pump brakes on new purchases
Consumers are repairing their older vehicles and moving away from purchases as dealers in some Federal Reserve bank districts began…
Consumers are repairing their older vehicles and moving away from purchases as dealers in some Federal Reserve bank districts began…
A sequential dip in auto loan rejection rates and an increase in auto asset-backed securitization issuance contributed to an improvement…
Carvana Co.’s largest shareholder, Ernie Garcia II, who is also the father of the auto retailer’s founder and chief executive…
Fourth-quarter sales jumped in the new- and used-vehicle markets, with both sectors outpacing levels reported a year ago as supply…
US auto sales are losing momentum after a springtime surge fueled by shoppers racing to buy cars before President Donald…
Rivian Automotive Inc. built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a needed…
Honda Motor Co.’s operating profit rose to an all-time high in the first quarter as strong sales in the US…
Asset-backed securitization issuance volume in the first week of February outpaced levels reported in 2024 as contributions from seven lenders…
Powersports vehicle manufacturer Massimo Group has filed a $25 million initial public offering as the company looks to grow its…
Tricolor Holdings and nearly all its at least 19 subsidiaries received notices of deficiency between Sept. 10 and Sept. 12….
Drivers are demanding more transparency and communication from their dealerships, lenders, and F&I contacts, and regulators like the Consumer Financial…
Retail sales of new and used vehicles slowed in the back half of September but remained higher on a year-over-year…
Floorplan financiers are seeing steady volume headed into yearend and expect an uptick in 2026, driven in part by growth…
The auto industry is bracing for impact as tariffs on vehicles take effect April 3. Auto stocks slumped on March…
LAS VEGAS — The subprime market is split as some lenders expand and others shutter or pause originations amid rising…