Total U.S. boat registrations fell 12% year over year in February as elevated interest rates challenged buyers and demand continued…

Tesla Finance’s lease portfolio grew year over year in the first quarter, but lease penetration and deliveries declined.   Lease outstandings…

AI-driven lending platform Upstart’s auto originations declined significantly in the fourth quarter as high interest rates caused lenders to scale…

United Auto Credit Corp.’s auto loan originations increased by 15% year over year in the first quarter as parent company…

The threat by President-elect Donald Trump to end tax credits for electric vehicles helped lift sales in the fourth quarter,…

Hybrid vehicle adoption is expected to increase exponentially as state and federal policy shifts pull back consumer incentives for pure…

SAN DIEGO — Some credit unions plan to rework underwriting standards and tap into technology to support financing volume growth…

Average loan amounts on new vehicles have fallen from peaks reported in September 2022 but are still elevated compared with…

Some investors have raised red flags on auto finance structured products, painting their returns as too low for the risks.  …

A growing share of US consumers say they’re not seeking loans because they expect to be refused amid tight credit…

In Ken Booth’s more than 20 years at Credit Acceptance Corp., he has focused on technology enhancements, portfolio growth, and…

Asbury Automotive and Penske Automotive’s finance and insurance profits tumbled in the second quarter as sales were mixed and dealerships…

Ford Credit in the first half of the year has executed more than 60% of its planned public funding issuance…

Carvana issued its second prime auto asset-backed securitization transaction of the year today as the retailer eyes continued portfolio growth…

As the compliance landscape shifts, powersports lenders should keep an eye on consumer grievances and properly train their teams to…