Podcast: EV sales slow in November, used-vehicle values flat
Electric vehicle sales declined at most major manufacturers in November on the heels of an uptick in EV share of…
Electric vehicle sales declined at most major manufacturers in November on the heels of an uptick in EV share of…
AI-driven subprime auto lender Lendbuzz has secured a $100 million credit facility with the Mitsubishi UFJ Financial Group to grow…
AutoNation Finance’s originations continued to climb in the first quarter alongside the captive lender’s new-vehicle sales and portfolio. The Fort…
Automotive Credit Corp. today announced that it is pausing originations activity indefinitely, effective immediately. The Southfield, Mich.-based subprime lender is…
I don’t think there is a person in the auto industry who doesn’t appreciate what technology can do to improve…
President Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle…
Toyota Financial Services Chief Executive Scott Cooke is leaning on his decades of experience at the company and a strong…
Consumers need more than interest rate savings to make refinancing worthwhile. Despite increasing reliance on 72-month initial terms, consumers who…
Though the unbanked population is shrinking, lenders must keep chipping away at financial inclusion to broaden access to credit products…
Banks are expected to tighten credit standards while auto demand wanes in early 2025. The projection is based on a…
Powersports promotions remain elevated in the first half of June on the heels of rising inventory levels, mixed sales performance…
Affordability challenges are prompting an uptick in leasing and financing of older vehicles as consumers look to lower their monthly…
Pagaya Technologies’ auto portfolio grew in the second quarter following the fintech’s launch of new underwriting capabilities and improved credit…
US inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price…
Volkswagen Financial Services will lean further into leasing in 2026. Ernst Jan van Eijkelenburg, president and chief executive for VWFS…