Used-vehicle prices rose year over year in July but were down sequentially, with tariff-induced market uncertainty contributing to pricing and…

Second-quarter bank earnings continue to point to mixed loan production volume and a rise in leasing spurred by EVs.   U….

The powersports industry is gearing up for an improved retail environment in 2025 following a year of weakened consumer sentiment…

Irvine, Calif.-based auto finance company Bayside Credit is no longer originating auto loans, representatives for the company confirmed to Auto…

Castlelake LP has agreed to purchase as much as $2.5 billion of consumer loans from financial technology firm Pagaya Technologies,…

Bernie Moreno’s childhood dream was to become chairman of General Motors Co. He didn’t make it to the boardroom, but…

CarMax Auto Finance issued its first nonprime auto asset-backed securitization transaction June 18 on the heels of subprime issuances making…

Rivian Automotive expects steady production this year as gross profit per vehicle improved in the second quarter.   The EV…

Vroom is restructuring its debt as it prepares to file for bankruptcy protection on the heels of winding down its…

Incentives have picked up as the July Fourth holiday nears, with most deals centered on lower rates while cash rebates…

US retail sales rose in July in a broad-based advance, boosted by car sales and major online promotions in a…

Porsche Financial Services has appointed Nicolas Leduc as its new president and chief executive. He will succeed Ross Dupper, who…

General Motors is offering $7,500 toward certain electric vehicles on the heels of federal tax credit changes effective this month…

North American retail recreational vehicle registrations and shipments are returning to typical patterns as registrations dip from pandemic highs but…

Volvo Car is the newest automaker to offer insurance with the goal of supporting all steps of the car-buying process….