Lucid Motors reported an uptick in deliveries and revenue in the third quarter while Rivian Automotive posted declines partly ...
AI-driven lending platform Upstart’s auto loan originations jumped 46% quarter over quarter in the third quarter as the ...
Automation fintech Open Lending’s certification volume declined in the third quarter. Total certified loans, or “certs,” ...
Powersports lender Octane closed a $326 million issuance in the asset-backed securitization market this week as the company preps for ongoing growth. The transaction, which closed on Nov. 7, aligns ...
Toyota Motor North America plans to reduce incentives and increase production to improve profitability in 2025.
Auto outstandings industrywide inched up 0.4% quarter over quarter and 0.96% year over year in the third quarter.
Auto loans are burdening consumers, prompting an uptick in refinance demand as interest rates come down and lenders look to ...
The Federal Reserve cut its benchmark lending rate by a quarter percentage point Thursday, extending efforts to keep the US ...
Rohit Chopra’s crackdowns on illegal car repossessions, home foreclosures and bank overdraft fees made him a hero to consumer ...
Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a re-elected Donald Trump, ...
Electric vehicle sales jumped at most major automakers in October, contributing to an uptick in overall sales at some, but ...
Powersport lenders are enhancing technology and buyer programs to improve customer and dealer experiences heading into 2025.