August credit availability tightens, ATPs improve
Credit availability declined in August, marking the fifth consecutive month of declines, while average transaction prices fell, signaling better affordability. …
Podcast: Sales, supply, promotions dominate Powersports Finance Summit 2025 discussions
Powersports dealers are working closely with manufacturers to balance supply with a decline in sales and worsened consumer confidence, themes…
Powersports OEMs offer aggressive incentives amid volatile sales
Floorplan curtailments, market uncertainty and increasing inventory are contributing to volatile powersports new-unit sales and incentives despite sustained consumer demand…
Synchrony-financed brands increase promotions
Synchrony Financial is supporting dealers as more manufacturers lean on promotional financing and rebates to drive sales. Powersports manufacturers are…
Tesla Finance lease penetration inches up in 2023
Tesla Finance lease penetration inched up in 2023 despite falling by half in the fourth quarter. Leasing penetration on the…
Motorhome values fall 9% YoY
Motorhome and towable values fell year over year in April but continued an upward climb sequentially — falling in line…
Hyundai Capital America’s Brutti talks growth through innovation
Hyundai Capital America is focused on growing through innovation, product and portfolio diversification, and careful consideration of the competitive landscape. …
Under the Hood: Financiers seek creative partnerships to bolster volume
Auto financiers worldwide are extending their reach to boost volume, teaming up with companies to expand credit access for consumers…
Big Wheels: New-vehicle loan rates rise 57 bps
Auto loan interest rates ended April above 8% as rates across new- and used-vehicle loans rose year over year. The…
Wells Fargo says CFPB ends consent order dating back to 2018
Wells Fargo & Co. said the Consumer Financial Protection Bureau terminated a consent order dating back to 2018 related to…
Wholesale used-vehicle prices up for first time since August 2022
Wholesale used-vehicle prices rose year over year in November for the first time since August 2022, driven by a decline…
US payrolls marked down a record 911,000 in preliminary estimate
US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on…
Trump signs order to prevent his auto tariffs from stacking on top of each other
President Donald Trump signed a pair of directives easing the impact of his tariffs on the automotive industry, yielding to…
30-day auto delinquencies fall 18 bps YoY in Q1
Thirty-day auto delinquencies dropped in the first quarter as average interest rates and monthly payments slid for used vehicles. The…
BMW leverages AI process mining to improve ops
BMW has expanded its use of data processing provider Celonis’ AI-based data models to increase efficiency and optimize its financing,…