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 ...
Auto loan originations rose modestly in the third quarter as the industry stabilizes, with stronger growth expected in 2025.
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 ...
Higher loan-to-value ratios are exceeding thresholds for some lenders, making it challenging to refinance auto loans from ...
Dealers are poised to lean harder on finance and insurance revenue in 2025 amid rising inventory, declining vehicle prices ...
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 ...
Vroom’s stock was relisted today following the closure of the company’s e-commerce business and subsequent bankruptcy filing last year.
The number of dealers enrolled in subprime lender Credit Acceptance Corp.’s real-time payment services program has jumped ...
Ford Credit Chief Executive Cathy O’Callaghan is eyeing technology improvements, affordability and profitable growth in 2025.
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