News

Changing tariff policies, a pull-ahead in new-vehicle demand and credit performance contribute to uncertainty in auto lenders ...
AI-driven auto lender Lendbuzz is using AI to streamline loan approvals for borrowers with thin to no credit. The ...
Ranging from 25% to 145%, depending on the country and the day, many tariffs have been rolled back and some items have ...
Toyota Motor Corp. sees a $1.2 billion profit drop in just two months due to auto tariffs as the trade war persists.
A whole loan sale between Yieldstreet and powersports lender Octane Lending marks the latest in Octane’s flurry of early 2025 ...
April wholesale used-vehicle values reached the highest reading in 18 months as consumer confidence reached record low levels ...
Lucid Motors and Rivian Automotive reported an upswing in production in Q1 but noted the rapidly shifting tariff environment ...
RumbleOn’s F&I revenue dropped in 1Q25 as the company's turnaround remains challenged by consumer sentiment and tariff ...
Westlake Portfolio Management has taken over servicing for Mechanics Bank Auto Finance’s portfolio, effective May 1 ...
Michigan Republican Bill Huizenga has introduced a bill in the House seeking to make auto loan interest tax deductible for ...
Ford Credit’s finance penetration rate dropped in the first quarter amid tariff concerns and rising credit losses.
UK automaker Jaguar Land Rover has resumed shipments of vehicles to the US after pausing them following the announcement of ...