North American RV registrations down 5.6% in May
Retail RV sales and shipments dropped in May, while used vehicles saw increased demand amid pricing concerns. North American retail…
Fed’s preferred inflation metric cools while spending rebounds
The Federal Reserve’s preferred gauge of underlying inflation cooled last month while household spending rebounded. The so-called core personal consumption…
Under the Hood: The need for an auto finance reboot
Consumers are backing away from home purchases, in part because they have too much money tied up in auto loans. …
Lawyers weigh $1B cost of CARS Rule as oral arguments begin
Lawyers expect wide-ranging implications from the National Automobile Dealers Association’s legal challenge to the Federal Trade Commission’s Combating Auto Retail…
EV sales rise across major OEMs in October
Electric vehicle sales jumped at most major automakers in October, contributing to an uptick in overall sales at some, but…
What the Consumer Doesn’t Know: Demystifying the F&I Department
About the Expert Bruce Newmark has spent decades in the auto finance industry, coming into the industry through a finance…
EV manufacturers report double-digit YoY delivery growth
Several EV manufacturers reported double-digit year-over-year delivery growth in November as new- and used-EV sales increased. EV manufacturers reporting November…
SameDay Auto looks to double portfolio to $60M
SameDay Auto Finance aims to more than double its portfolio within the next two years, with plans to expand into…
Powersports approval rates decline
Loan approval rates are down across the powersports sector despite higher origination volumes as affordability concerns and rising consumer debt…
Powersports sales down 3% YoY in June, survey shows
Powersports manufacturers are working to align inventory with consumer demand to support dealers as the retail environment remained challenged in…
Fisker negotiations with OEM end
EV maker Fisker’s talks with a large automaker have ended without reaching a deal, leaving the company to consider a…
Podcast: BHPH dealer Oak Motors’ applications up 30%, approvals fall
Buy here, pay here dealership Oak Motors is slowing approval of credit applications as long-term affordability concerns persists and despite increased…
Off the Lot: Service contracts pose hidden risk in lenders’ portfolio amid tariffs
Much attention has been paid to the ripple effects of ongoing trade tariffs across the auto industry — from vehicle…
Tricolor Auto ABS ratings at risk of downgrade amid bankruptcy
Kroll Bond Rating Agency and Moody’s Ratings have put their ratings on downgrade watch for Tricolor Auto Acceptance’s securitization transactions in…
Powersports dealers boost used inventory ahead of sales uptick
COLUMBUS, Ohio — Powersports dealers are anticipating an uptick in sales this fall, evidenced by increased restocking of inventory at…