Octane Lending’s latest endeavor with powersports retailer RideNow is in line with its efforts to support dealers in a challenged…

Lisa, a working mother earning $52,000 a year, used to have a stable financial life. In 2019, she had minimal…

Floorplan lenders saw a rise in volume in the first half of the year amid strong sales, but some are…

EV values are on the decline, prompting questions about residual values and potential solutions.   Wholesale used-EV prices were down…

Generative AI-driven fraud is an escalating threat to the financial services industry, with increasingly sophisticated tactics being employed.  Losses tied…

AutoNation Finance’s year-to-date originations grew to more than $700 million in the third quarter, fueling optimism that the financier will…

Underlying US inflation topped forecasts for a second month in February as prices jumped for used cars, air travel and…

Dealers that combine AI-based financing capabilities with in-store sales processes are seeing increased profit per vehicle driven by capturing consumers…

Ford Motor Co. won’t increase the price of its vehicles until it sees how competing carmakers respond to higher costs…

Porsche Financial Services‘ latest loan securitization was its smallest since the captive reentered the ABS market in 2023, yet the…

Dealer sentiment and marine sales largely fell in August as market uncertainty and high costs kept consumers away. The Marine…

During a year of challenges, including stubbornly higher-than-anticipated interest rates, inflation, fluctuations in vehicle market values and on-and-off tariff taxes…

Chief Executive Michelle Corson founded On the Road Companies in 2013 with money from friends and family to provide low-credit-score…

Republicans in the US House are more likely than not to kill a consumer tax credit for electric vehicles, according…

Neighbors Federal Credit Union is grappling with a surge in sophisticated fraud schemes, prompting the lender to adopt new fraud…