UACC originations rise 16%
Vroom subsidiary United Auto Credit Corp.’s originations rose in the first quarter as the lender’s liquidity position improved. Originations came…
Vroom subsidiary United Auto Credit Corp.’s originations rose in the first quarter as the lender’s liquidity position improved. Originations came…
CarMax is testing AI chatbot capabilities for retail associates and is rolling out an updated version of its consumer-facing virtual…
Dealers are using Stellantis subsidiary Free2Move to tap into customers who may not qualify for traditional financing or who want…
The owners of Flagship Credit Acceptance LLC are exploring a sale of the auto-finance provider, according to people with knowledge…
The volume of auto loans across all lending types containing synthetic identity fraud has increased year over year. One of…
GM Financial, the captive finance arm of General Motors, has reinvigorated its efforts to form a bank with the goal…
Navy Federal Credit Union is developing an omnichannel lending platform as credit unions and captives prioritize technology upgrades in the…
Auto stocks are up year over year but have struggled to find footing in 2025. The Big Wheels Stock Index…
Dealers saw auto sales rise in the latter half of November through December as resolved election uncertainty, OEM incentives and…
The Federal Trade Commission has taken action against several auto dealerships for “payment packing” on aftermarket products, as regulators continue…
Volkswagen AG is pushing for more cost reductions to better compete in a slowing market marred by a spending slump…
RV dealer group Camping World’s finance and insurance revenue jumped year over year in the fourth quarter as new and…
President Donald Trump said he may raise US auto tariffs in order to boost domestic auto manufacturing, a move that…
Toyota Motor Corp. saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in…
Hyundai Capital America is charging dealers fees for paper contracts to get them to switch to e-contracting, and GM Financial…