SameDay Auto Finance aims to more than double its portfolio within the next two years, with plans to expand into Oklahoma ...

CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses, while originations ticked ...

Losses across prime and nonprime securitized auto loans increased sequentially and year over year as auto asset-backed ...

Sales of used and new EVs increased month over month and year over year in August while days’ supply tightened.  “During Q2 and Q3, there have been consecutive months of over 100,000 EV sales,” ...

The automotive retail industry has experienced significant ups and downs since the COVID-19 pandemic. During the pandemic, ...

EV leasing has helped drive adoption, but more education is needed to win over skeptical consumers.   “We have an EV ...

RV retailer Thor Industries increased promotional offers year over year in the fourth quarter of its fiscal 2024 as ...

Artificial intelligence can help auto lenders streamline compliance while making operations more efficient.

Stellantis NV Chairman John Elkann has started a search for a successor to Chief Executive Officer Carlos Tavares, whose ...

Powersports lender Octane is on track to exceed its origination estimates as it diversifies its funding strategy to align ...

Powersport sales worsened for more dealers in August, marking the sixth consecutive month of sales declines amid ongoing ...

Auto lenders are incorporating artificial intelligence into their processes to improve customer service automation and credit decisioning while eyeing uses ...