AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio…

The second of six releases that make up Alfa Systems 6, a breakthrough iteration of the Alfa Systems software platform,…

RV manufacturer Thor industries’ sales rose in its fiscal first quarter as shipments were mixed. Thor’s total net sales increased…

Affinity Federal Credit Union is looking to expand its dealership network to boost leasing volume after a three-year pause.  …

A week before the presidential inauguration, the Consumer Financial Protection Bureau preemptively handed off its enforcement baton, and a handful…

Auto sales were mixed for dealers in September and October as affordability woes hampered consumer spending despite the Federal Reserve’s…

Artificial intelligence (AI) was the dominant topic at the most influential automotive finance conclave of 2024 — the 15th annual…

Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc., plowing $5 billion into…

Amid a $22.5 million net loss in its fiscal second quarter ending Oct. 31, buy here, pay here dealer America’s…

Toyota Motor North America on Jan. 22 promoted Mark Templin to executive vice president and chief operating officer, effective Jan….

Volkswagen AG cast its least-profitable quarter in years as cause for the first factory closures in Germany in its 87-year…

While tariffs haven’t directly affected pricing on powersports equipment, they have led to increased incentives. Some cash rebates rose and…

Carvana will expand its inventory of vehicles following increased retail sales in the second quarter and strong finance penetration.  …

RV and marine manufacturer Winnebago Industries decreased its promotional liabilities year over year in the first quarter of fiscal 2025…

Auto lenders were active in the capital markets last month as credit union issuance picked up, while market share among…