CarMax Auto Finance’s loss and delinquency rates were mixed in February as consumers began to receive their tax refunds.
Los Angeles-based electric powerboat maker Arc Boat Company has raised $50M to finance its expansion into commercial and ...
Across more than 12 million loan originations and 2 billion data points, customer interviews are declining in effectiveness ...
Auto lenders are offering competitive interest rates and shifting their lending strategies to help customers even as vehicle affordability improves. Affordability is top of mind for auto lenders of ...
Recovery agencies are becoming more competitive even with an elevated rate of repossessions as consumers face economic headwinds.
Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc. to help launch a ...
The potential sale of Exeter Finance highlights the impediment that private equity ownership can pose to financial institutions’ operations.
Used-vehicle values rose during the first quarter, after declining at the end of 2025, due to strong seasonality amid tax refunds ...
Solifi has developed an AI solution that will significantly reduce the time that auto and equipment lenders spend reviewing documents ...
Promotional activity in the U.S. powersports market remained consistent YoY in March, with manufacturers increasing incentives on MY26 units ...
While new-EV sales continued to slide at the end of February, rising gas prices led to more demand for used EVs.