Stellantis CFO steps down in further reshuffle of top ranks
Stellantis NV Chief Financial Officer Doug Ostermann is stepping down, another change at the top of the automaker that’s under…
Stellantis NV Chief Financial Officer Doug Ostermann is stepping down, another change at the top of the automaker that’s under…
Japan’s chief trade negotiator Ryosei Akazawa said the country can’t accept the US’s 25% tariffs on cars, adding that the…
As two subprime lenders are pausing or shuttering business, lenders say the success gap between small- and large-scale lenders may…
A steady increase in bankruptcy filings over the past three years poses a growth opportunity for subprime auto lenders. FinBe…
President Donald Trump agreed to delay 25% tariffs against Mexico for one month after a conversation with his counterpart Claudia…
SameDay Auto Finance expects originations to rise in the second quarter after a deliberate slowdown earlier this year to prioritize…
Amid reports of a potential merger, automakers Honda Motor Company and Nissan Motor Corp. issued very similar statements today stating…
Auto loan delinquencies increased for the second consecutive month in February, and overall late-stage delinquencies across all asset types rose…
The auto finance industry is navigating a landscape marked by rising delinquencies, escalating fraud and evolving consumer behaviors. As of…
Auto sales in the U.S. beat initial expectations for 2023 as the seasonally adjusted annual rate increased year over year…
AI-driven subprime auto lender Lendbuzz has secured $400 million in forward flow funding from alternative asset manager Viola Credit to…
Ally Financial increased its allowance for auto credit losses in the first quarter as delinquencies and net charge-offs rose on…
Long-time Southeast Toyota Finance leader Bill Shope has retired after 35 years with the company, prompting leadership changes. Southeast Toyota…
Online vehicle sales remain stunted by pricing discrepancies and consumer distrust as dealers search for technologies capable of bridging the…
Auction values for motorhomes fell in January following a jump in December, while towable values inched up ahead of the…