Fair CEO talks long-term leasing
Used-car leasing app Fair is expanding its product offering with two- and three-year lease options, Chief Executive Bradley Stewart told Auto Finance...
Read more
POWERSPORTS FINANCE
WEEKLY WRAP
MORE NEWS
US jobless claims resume drop in sign of gradual improvement
The number of Americans applying for jobless benefits resumed its decline, signaling a gradual improvement in the battered labor market....
New subprime loan volume falls to 8-year low
New vehicle financing in the second quarter has fallen to an eight-year low for the subprime credit tier, said Melinda...
Industry Pulse: Q2 finance trends
In this episode of the Industry Pulse, Melinda Zabritski, senior director of automotive financial solutions at Experian, discusses second-quarter finance...
Fed signals rates will stay near zero for at least 3 years
The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to...
Street bikes, cruisers log Sept. price hikes
The COVID-19 pandemic has led to "unprecedented" price increases in September for powersports road segments such as street bikes and...
PenFed partners with fintech to expand indirect auto lending
Pentagon Federal Credit Union will expand its indirect auto lending platform through a partnership with the fintech CRIF Select, according...
Fiat’s dividend slashed to boost cash after merger with PSA
Fiat Chrysler Automobiles NV and PSA Group amended the terms of their merger to form one of the world’s largest...
Vroom prices follow-on offering
Vroom, an online used-car retailer, plans to sell an additional 10.8 million shares of its common stock at $54.50 in...
