PNC Financial appoints Lyons president  Pittsburgh-based PNC Financial Services Group has named Michael P. Lyons president following a unanimous vote…

Leasing penetration continued to climb in the first quarter as inventory levels normalized and incentives on electric vehicles inched up. …

The used-vehicle market isn’t what it used to be.  Pandemic-induced supply chain shortages coupled with a downturn in leasing have…

Over the past 20 months, there’s been a noticeable decline in lending verification document quality, disproportionately affecting senior citizens and…

Auto dealers experienced mixed retail sales through February as concerns over tariffs began to emerge.  Across the Federal Reserve’s 12…

TD Bank is investing in technology for anti-money laundering compliance after the U.S. Department of Justice fined the bank $3 billion in October…

RV retailer Thor Industries increased promotional offers year over year in the fourth quarter of its fiscal 2024 as inflationary…

EV battery prices are expected to decline further in 2025, which could drive down vehicle costs to keep EV sales…

Chase Auto’s originations picked up in the first quarter of 2025 as an increase in leasing drove portfolio growth.  Auto…

New-vehicle sales are projected to rise in February on a seasonally adjusted basis, boosted by pent-up consumer demand.   The seasonally…

Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a…

Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales and some layoffs.  CarMax…

Used-vehicle inventory dropped headed into June as more consumers bought out their leases and sales remained steady.  Inventory was flat…

Powersports lender Source One Financial Services has closed a forward-flow deal with asset management firm Monroe Capital. Under the initial…

LAS VEGAS — Motorcycle sales this year will likely be flat compared with 2024, depending on how potential headwinds such…