Powersports retailer RideNow Group’s finance and insurance revenue rose in the first quarter as same-store revenue, gross ...
Lenders and retailers are encouraging certified pre-owned lending and expressing interest in leasing certified pre-owned ...
December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid high vehicle financing costs. The rate of subprime auto 60-plus-day delinquencies ...
Stellantis Financial Services received approval to form an industrial bank, allowing it to tap FDIC insurance and expand its ...
Banco Santander has completed its acquisition of Santander Consumer USA, closing a $2.5 billion deal in the making since September 2021. Banco Santander obtained enough Santander Consumer USA (SCUSA) ...
A snowball effect started by rising gas prices could make it more difficult for subprime borrowers to afford vehicles, while ...
Big Wheels Auto Finance Data, the industry data intelligence platform on Auto Finance News, today announced the release of ...
Honda Motor Co. forecast a rebound in operating profit for the current fiscal year, even after an ill-timed bet on electric ...
Powersports dealers are introducing financing discussions earlier in the buying process as affordability concerns and economic uncertainty shape consumer behavior during the industry’s peak selling ...
Tricolor Auto Acceptance Chief Executive Daniel Chu resigned from the board of directors for Origin Bank days before the lender filed for Chapter 7 bankruptcy. Origin also placed its $30.1 million in ...
Rising lease returns and commercial fleet activity are strengthening the wholesale used-vehicle market and supporting CPO ...
TrueCar founder and returning Chief Executive Scott Painter plans to streamline the company after closing a $227 million take-private acquisition alongside a group of investors today. “Great companies ...
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