Declining used-vehicle prices contributed to a rise in the volume of 1- to 5-year-old models priced below $20,000 at the end ...
Credit performance across securitized prime and nonprime auto loans weakened at the end of 2024 as loans originated in 2022 ...
Auto outstandings are forecasted to gradually tick up after the first quarter of 2025 after remaining flat at the end of 2024 ...
President-elect Donald Trump’s threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed ...
Elon Musk-led Tesla sold 1.79 million vehicles last year, slightly less than what it delivered in 2023 and below analysts’ ...
JPMorgan has reiterated its stance on Carvana following a report from short-seller Hindenburg that raised concerns on the ...
Carvana was accused by short-seller Hindenburg Research of impropriety in a report alleging that the subprime loan portfolio ...
Auto Finance News’ five most read stories in 2024 span affordability challenges, regulatory oversight and technology ...
Powersports lender Octane Lending is expecting double-digit origination growth in its RV and marine segments in 2025.
Auto loan rates on new and used vehicles fell year over year in December following the third consecutive rate cut from the ...
Affordability was a prevailing theme across auto fiannce in 2024 as consumers navigated high prices for vehicles and everyday ...
Initial applications for US unemployment capped 2024 at an eight-month low, reflecting relatively muted levels of job cuts.