Powersports retailer RideNow Group’s finance and insurance revenue rose in the first quarter as same-store revenue, gross ...

Consumers are increasingly leaning on buy now, pay later services for maintenance and parts at auto dealerships as repair costs rise. Volkswagen in 2021 selected Sunbit as its preferred BNPL provider, ...

Stellantis Financial Services received approval to form an industrial bank, allowing it to tap FDIC insurance and expand its ...

Lenders and retailers are encouraging certified pre-owned lending and expressing interest in leasing certified pre-owned ...

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 ...

Subprime auto lender Global Lending Services announced today that global investment firm Sixth Street will acquire it, pending regulatory approval. GLS has eyed the market for the “last several months ...

Bank of America Securities expects U.S. retail auto ABS issuance to decline in 2026 amid softer vehicle sales and ...

The takeover of Tricolor Holdings’ assets and debts could cost $7 million to $7.5 million by yearend 2025, backup servicer Vervent estimates. The $7 to $7.5 million covers all transition costs for ...

Rising lease returns and commercial fleet activity are strengthening the wholesale used-vehicle market and supporting CPO ...

General Motors Co. plans to cut hundreds of workers from its IT ranks to trim costs and clear the way to bring in staff with ...