Democratic governors prepare to battle Trump over EV incentives
Cody Colder, a petrol-head descended from generations of Michigan autoworkers, had no intention of buying an electric car when his…
Cody Colder, a petrol-head descended from generations of Michigan autoworkers, had no intention of buying an electric car when his…
More auto lenders posted year-over-year origination growth last week, further pointing to fluctuating origination performances from auto financiers in the…
Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an…
Affordability and profitability were top of mind for auto lenders in 2023, and 2024 is set to be a year…
Consumers are increasingly leaning on buy now, pay later services for maintenance and parts at auto dealerships as repair costs…
Looming vehicle price increases due to proposed auto tariffs could further challenge consumers when payments are already elevated and credit…
Amid a pullback in captive-led incentives and newly established relationships with manufacturers, banks saw the largest market share growth for…
Marcelo Rodriguez is in the middle of a chain of lending that has connected Wall Street to New York’s Spanish-speaking…
NASHVILLE, Tenn. — In the face of potential market downturns, subprime lenders are looking to identify and lean on their…
Tricolor Holdings’ new loan servicer, Vervent, is facing collateral usage restrictions and demands from creditors to reclaim their auto parts…
Regional banks’ third-quarter earnings highlighted growth in auto, reflecting similar trends posted by national banks earlier this month. Bank of…
U.S. retail boat registrations dipped year over year in March alongside a decline in inventory. Retail registrations dropped 6% YoY…
Citizens Financial continued to run off its auto portfolio in the fourth quarter following the bank’s exit from indirect lending…
Nearly a dozen of subprime lender Tricolor’s landlords have filed appearances in its bankruptcy case, with multiple saying the subprime…
Space Coast Credit Union is prioritizing auto lending despite an overall slowdown in finance volume in the market and increased…