The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent rate cuts by ...

Sanjiv Yajnik, president of financial services at Capital One, is exploring ways to blend digital tools with the in-person ...

EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising demand.

RV dealer group Lazydays’ finance and insurance revenue inched down year over year in the third quarter but increased ...

Ally Financial today announced the appointment of a 27-year veteran of the bank as the company’s chief risk officer as part ...

Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle ...

The average rejection rate for auto loans through October increased year over year to the highest reading since 2013.

Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating a solid ...

Auto lenders maintained steady operations through strong leadership and a commitment to innovation despite the tight lending environment, elevated interest rates and a higher cost of car ownership ...

A sequential dip in auto loan rejection rates and an increase in auto asset-backed securitization issuance contributed to an improvement in the auto finance industry’s overall performance during the ...

If the incoming Trump administration eliminates $7,500 federal tax credits for electric vehicles, that would mean the end of popular leases that allow US consumers to sidestep restrictions on which EV ...

Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected to affect extension rates in the coming months.