AI is transforming auto finance
Artificial Intelligence and machine learning have been transformative forces in business for more than two decades. . Early adopters like…
Artificial Intelligence and machine learning have been transformative forces in business for more than two decades. . Early adopters like…
LAS VEGAS — Auto lenders and manufacturers are still navigating high interest rates despite positive movement by the Federal Reserve,…
The dealer commercial lending industry is undergoing a rapid transformation driven by technological advancements, regulatory shifts, and evolving market demands….
Fourth-quarter earnings season kicked off with several banks reporting mixed results in auto originations as some tightened credit and others…
Google rebranded its AI chatbot Bard to Gemini, reflecting its advanced large language model capabilities. . This is part of…
Finance and insurance revenue ticked down during the second quarter for Sonic Automotive while auto sales fell following cyberattacks on…
Bank of America is automating vehicle refinancing and title transfers on its digital platforms. The new initiative aims to improve…
Wells Fargo and Volkswagen Financial Services entered a multiyear, co-branded agreement in the third quarter. “In the first half…
Automakers saw mixed sales across internal combustion engine vehicles and EVs in October, the first month since the elimination of…
Executive orders signed by President Donald Trump on Jan. 20 emphasized his hopes to scale back available electric vehicle subsidies…
A series of regulatory actions during the past month, including the largest FTC settlement involving a dealership, indicates that regulatory…
Tariffs have been a major focus of just about every economic news story since the Jan 20 Inauguration. While they…
Fintech Yendo has named Thibault Fulconis as its first chief financial officer amid efforts to improve its refinance product. The…
Apple Inc. is canceling a decadelong effort to build an electric car, according to people with knowledge of the matter,…
Bond investors are getting a little more concerned about the outlook for automakers that could see their bottom lines hit…