Audi’s top-selling SUV expected to be unsellable in US after Trump tariffs
The Audi Q5 is the German brand’s top-selling vehicle in the US. It’s also a prime example of how Donald…
Powersports prices fall amid lowest consumer confidence ‘ever measured’
COLUMBUS, Ohio — All powersports segments saw value drops in the third quarter as tariff headwinds and inflation contributed to…
Bankrupt PrimaLend blames subprime ‘cycle’ as it seeks bank help
Auto dealers who lend money to buyers with spotty credit histories pushed subprime lender PrimaLend Capital Partners into bankruptcy, the…
Podcast: Credit access improves, but some borrowers turn to credit-builder loans
While credit access improved in May and vehicle prices were steady, affordability remained a concern, especially for credit-challenged consumers who…
Prior to tariffs, new-car prices flat, credit access improves
New-vehicle prices held steady as credit access improved in March, while sales were boosted by fears of higher prices to…
One Big Beautiful Bill extends floorplan loan tax deductions to towables
Floorplan interest rates are hurting cashflow for marine and RV dealers, but President Donald Trump’s One Big Beautiful Bill may…
NextGear extends flexible floorplan pricing
Floorplan financing provider NextGear Capital is expanding its flex pricing program to include vehicles beyond those purchased at Manheim auctions…
Auto companies battle AI bots, competition in hiring
Automotive companies are keeping an eye on how AI is changing the job application and hiring processes. Used-car retailer…
Polaris increases promotions amid pricing competition
Powersports manufacturer Polaris increased promotional activity in the fourth quarter amid heavy discounting by competitors as inventory has recovered. Polaris…
Analysts question if new-car sales pace can hold up
Estimates on new-vehicle sales in March varied but all pointed toward year-over-year growth as inventory rebuilds and consumer confidence holds…
Why tracking workplace diversity is a challenge
For companies looking to track workplace diversity, relying on employees to self-report identity information often results in an incomplete picture…
Investors call for ‘increased transparency’ in wake of Tricolor
Asset-backed securitization investors are calling for more transparency across asset classes in the wake of the collapse of subprime lender…
Participate in Big Wheels data collection
Financiers may now submit 2023 results for inclusion in Big Wheels Auto Finance Data: A Ranking of the Nation’s Top Car Financiers. Big…
New-EV financing share grows 31% YoY
Consumers are increasingly opting to finance EVs rather than purchase with cash, fueled by a surge in leasing bolstered by…
Car dealers get more time to file US EV tax credit paperwork
US car dealers will have more time to report sales of electric vehicles that qualify for federal tax credits that they are…