Mart’s credit performance worsened and vehicle sales slowed in its fiscal Q4 as funding constraints limited performance ...
Jason Person, CFO at SAFCO since July 2023, has been named the lender’s president. He is joining Auto Finance Summit 2026.
Lucid Group Inc. is working with restructuring advisers to turn around its struggling business, according to people familiar ...
US consumer prices declined in June for the first time in six years and a key gauge of underlying inflation was little ...
Swedish EV maker Polestar is using tactical offers to support sales as it navigates market headwinds, regulatory changes in ...
Wholesale vehicle values rose year over year in June, driven by sustained demand for used EVs and renewed interest in less ...
EV makers Tesla, Rivian and Lucid reported year-over-year production and delivery gains in the second quarter, ...
Used-vehicles priced less than $10,000 are creating a sourcing opportunity for independent dealers as consumer demand for ...
Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with no coding experience to pull it off. A staff of five known as the Beta Team ...
Values remained elevated on used cars and used electric vehicles in June, with battery EV supply outpacing the wider market.
Upstart issued its third ABS deal of the year as originations rose in June on the heels of increased dealer adoption of its ...
Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with... Extra-long car loans can lower consumers’ monthly payments, but they also ...