Big Wheels: Lenders bullish on originations volume through June, exclusive data shows
Auto lenders are expecting more loans in 2024, a new study finds. According to the inaugural Big Wheels Originator Sentiments…
Auto lenders are expecting more loans in 2024, a new study finds. According to the inaugural Big Wheels Originator Sentiments…
Skyla Federal Credit Union plans to automate decisioning and funding in the next year as competition ramps up for auto…
Digitally originated auto loan contract volumes increased during the first quarter amid strong vehicle sales. The number of auto…
Compressed margins and plummeting sales volumes coupled with a capital-intensive business model, led to the downfall of Vroom, the automotive…
Wholesale used-vehicle values climbed year over year in August but were flat from a month prior amid shrinking inventory. The…
US hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021,…
Auto finance technology is complex. Platform leaders need clarity to make informed choices. With rapid innovation reshaping lending operations, having…
Tariffs and hampered consumer demand are impacting powersports and auto companies’ ability to meet their long-term financial commitments. Imported parts…
Powersports retailer RideNow, formerly RumbleOn, appointed Joshua Barsetti to serve as its new executive vice president and chief financial officer,…
RV retailer Thor Industries’ promotion and rebate liabilities jumped year over year in the first quarter of fiscal 2025, reflecting…
Open Lending’s certified loan volume decreased in the third quarter as the automation fintech tightened underwriting and prepared to roll…
LAS VEGAS — Tricolor Auto Acceptance has seen a 20% decline in losses since updating its risk model this year….
President Donald Trump said he will announce tariffs on automobile imports in the coming days — and indicated nations will…
Bank of America’s auto originations fell in the second quarter, while the bank’s dealership financing portfolio grew. Originations totaled $6…
A New York bill that expands the state attorney general’s power to legally pursue predatory lenders landed on Gov. Kathy…