Automotive company stocks are down amid continued affordability challenges, rising oil prices and electric vehicle restructuring.

Lenders are experiencing a surge in auto refinance volume across the credit spectrum as customers look to pay off their car loans ...

Octane Lending and Huntington National Bank are launching a digital financing program designed to streamline outdoor power equipment purchases for dealers and consumers. The Huntington Bank Powered by ...

Volvo Financial Services appointed Tabitha Brace as senior vice president of finance and chief financial officer, the company announced.

Auto spreads have widened as financial markets react to the Iran war, increasing the probability for an uptick in funding costs for lenders. Spreads for two-year, AAA-rated auto prime and subprime ...

AI-powered lending platform Upstart is applying to form a national bank insured by the FDIC to reduce costs and offer lower rates to borrowers. Upstart announced on March 10 that ...

EV maker Lucid Motors will open more locations in Europe and begin production on more affordable midsize models by late 2026 or 2027.

Consumer Portfolio Services plans to grow its prime lending program in 2026 after securing a $900 million forward-flow agreement. The expansion is a part of a rebrand to a full-spectrum lender and ...

Overall auto credit availability improved in February, driven by increased subprime borrowing and more longer-term loans, despite a decline in loan approval rates. Auto lenders must balance making ...

Carvana has issued its first auto asset-backed securitization deal of 2026, and it’s the retailer’s first to include new-vehicle loans.

U.S. auto dealers are entering the spring selling season with growing optimism despite continued pressure from affordability challenges ...

More subprime consumers financed cars in the fourth quarter of 2025 than in Q4 2024 despite rising monthly payments and ...