Powell cites inflation risk as Fed holds interest rates steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs and…
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs and…
EV manufacturer Lucid Motors delivered more vehicles in the second quarter of 2024 than a year ago as EV sales…
Credit performance across securitized auto loans weakened year over year and month over month in June, following seasonal trends. Securitized…
U.S. retail boat registrations sank year over year in October, in part due to hurricanes Helene and Milton. Retail registrations…
The number of dealers enrolled in subprime lender Credit Acceptance Corp.’s real-time payment services program has jumped about 200% in…
Vroom plans to expand United Auto Credit originations in near prime following a pilot program as part of the company’s…
Auto loan originations are projected to jump in the coming months as tax refunds pull consumers from the sidelines, boosting…
The US job market returned to health last month after a storm- and strike-constrained October, with a solid advance in…
Auto lenders need to adjust their approaches amid auto tariffs and sweeping layoffs. Higher-than-anticipated tariffs, as well as the disruption…
Lenders should proactively manage complaints shared on social media and news outlets to avoid triggering federal regulatory interest amid compliance…
Short-term delinquencies increased in the second quarter as consumers continued to grapple with inflationary pressures, but performance is likely to…
A ramp-up of state regulation amid a pullback from the Consumer Financial Protection Bureau could have an indirect impact on…
While the powersports industry is facing challenges amid slower sales, high costs and, at some dealerships, an abundance of supply,…
A federal investigation into subprime auto lender Tricolor Holdings was confirmed as court proceedings began last week. In a…
Lithia Motors’ finance and insurance revenue grew in the third quarter as new and used unit sales saw double-digit growth,…