Lucid EV deliveries up 38.2% in Q2, Rivian down 22.7%
EV maker Lucid Motors’ deliveries and production climbed in the second quarter, while Rivian faced production, delivery and revenue declines…
EV maker Lucid Motors’ deliveries and production climbed in the second quarter, while Rivian faced production, delivery and revenue declines…
After an underwhelming start to the year for US electric-vehicle sales, it might seem easy to conclude that the boom…
Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans…
Auto inventories may be normalizing after a pre-tariff sales surge drove available units down in the spring. The Big Wheels…
Despite tariff headwinds, affordability concerns and the closure of some subprime lenders, auto asset-backed securitizations showed resilience in October. Auto…
(Photo/Canva) The consensus among economists and auto finance industry leaders heading into 2024 is much brighter than their prognosis for…
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More banks tightened credit standards in the first quarter while consumer demand for auto loans held, though forecasts indicate both…
Subprime lender Credit Acceptance Corp.’s origination volume grew on a dollar and unit basis in the first quarter as the…
Second-quarter bank earnings kicked off this week and showed a continued slowdown in auto originations compared with a year ago….
Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors. The…
Marine retailer MarineMax’s first quarter of fiscal 2025 was strained by back-to-back hurricanes and softened retail demand. “We ended fiscal…
Motorcycle sales fluctuated in July as customers faced increased loan rejections and higher new-vehicle prices. Englewood, Colo.-based Elway Dealer Group’s…
FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers to keep current on their auto…
The number of electric vehicle models eligible for a consumer tax credit of as much as $7,500 fell sharply as…