The Irvine, Calif.-based company delivered 14,183 units in Q4, up 1.5% YoY and 41.6% quarter over quarter as full-year ...
Consumer demand for auto loans strengthened in the fourth quarter while fewer banks tightened credit standards ...
Consumers are increasingly leaning on buy now, pay later services for maintenance and parts at auto dealerships as repair ...
Shares of Carvana fell by nearly 17% this morning following the retailer and lender’s latest earnings, which saw an increase ...
Auto loan originations rose modestly in the third quarter as the industry stabilizes, with stronger growth expected in 2025.
Lenders must be mindful of existing consumer law and state-level enforcement despite the current CFPB pause in enforcement activity ...
The CFPB has called for state regulators to incorporate the prohibition of “abusive” practices into consumer protection laws ...
Higher loan-to-value ratios are exceeding thresholds for some lenders, making it challenging to refinance auto loans from ...
Just four weeks into the new presidential administration, the dynamics of the auto industry are changing at a rapid pace.
Elevated new-vehicle inventory and weakened demand are likely to drive about 400 powersport dealerships to close their doors ...
Ford Credit Chief Executive Cathy O’Callaghan is eyeing technology improvements, affordability and profitable growth in 2025.
The number of dealers enrolled in subprime lender Credit Acceptance Corp.’s real-time payment services program has jumped ...