U. .S. boat registrations inched down year over year in July as marine manufacturers worked to align shipments with dealer…

Citizens Financial Group is gearing up to issue the industry’s first prime auto asset-backed securities transaction of the year following…

While affordability improved in January, credit availability worsened as lenders tightened credit standards and approval rates declined.   Credit access decreased…

Data and payment analytics provider Market Scan, part of S&P Global Mobility, is promoting its mDesking solution so dealers can…

While most powersports segment values are holding strong after an early start to the seasonal sales season, prices of metric…

While a dozen credit unions have debuted securitizations in the past few years, fledgling finance company securitizers have been a…

An uptick in new-vehicle sales, strong performance of auto finance stocks and higher demand for auto loans contributed to an overall improvement in the auto…

LAS VEGAS —The need for promotional offers in powersports could climb if the Federal Reserve decides to hold rates at…

Outlooks were mixed among subprime lenders in the second quarter, with some concerned about consumer affordability, while others were optimistic…

Generative AI is creating a chicken-and-egg dilemma in the financial services sector. Regulators are grappling with how to oversee the…

EV maker Lucid Motors has appointed Taoufiq Boussaid to serve as chief financial officer, effective Feb. 25.   Boussaid will “focus…

As Federal Reserve officials stare down the last mile in their campaign against inflation, one key question is becoming increasingly…

Consumer Portfolio Services launched an AI fraud tool in the first quarter that saved the company over $1 million tied…

Regional banks’ third-quarter earnings results were mixed in terms of auto portfolio growth and credit performance.  Huntington Bank auto originations…

US household debt has reached a record and more borrowers are struggling to keep up. . Overall US household debt…