CPS application volume jumps 16% from yearend
LAS VEGAS — Subprime lender Consumer Portfolio Services’ application volume is up nearly 16% compared with yearend 2023 despite a...
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Interest rates, leasing and sales dynamics: 3 themes at Auto Finance Summit
LAS VEGAS — Auto lenders and manufacturers are still navigating high interest rates despite positive movement by the Federal Reserve,...
Off the Lot: What does Auto Finance Summit 2024 have in store?
It’s showtime! The 2024 Auto Finance Summit kicks off today in Las Vegas. It seemed like a good time to...
GAP Refunds Cause a Bump in the Road: Latest Research Shows Opportunity to Build Trust for Auto Finance Providers
Drivers are demanding more transparency and communication from their dealerships, lenders, and F&I contacts, and regulators like the Consumer Financial...
Motorhome values up 0.2% year over year
Motorhome values inched up year over year but fell sequentially in August while towable values dipped month over month and...
Community First CU adds payment insurance to improve loan performance
Community First Credit Union is adding payment insurance to protect against rising delinquencies and improve credit performance for its indirect...
Ironhorse Funding CEO Krumdick talks origination growth
Powersports lender Ironhorse Funding is looking to be more competitive in the market through the remainder of the year and...
US hiring tops all estimates, while jobless rate falls to 4.1%
US job growth last month topped all estimates, the unemployment rate unexpectedly declined and wage growth accelerated, reducing the odds...
Toyota curbs DEI policy after activist attack over LGBTQ support
Toyota Motor Corp., will refocus DEI programs and halt sponsorship of LGBTQ events, citing “a highly politicized discussion” around corporate...
Fleet Advantage launches EV leasing program
Fleet management and leasing firm Fleet Advantage has launched an EV leasing program designed to make EVs as affordable as…
Heavy-equipment industry gears up for rental conversions
A wave of heavy-equipment renters could be converted into buyers this year if interest rates continue to fall and market…
