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Aftermarket product chargebacks cut into dealer F&I profit

January 21, 2025

Chargebacks related to early cancellations of aftermarket products are squeezing already tight finance and insurance profits for dealers. Back-end profits...

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POWERSPORTS FINANCE

Powersports Finance News

ThunderRoad Financial eyes $100M in 2025 deals

January 9, 2025

THOR inks deal for Starlink internet in RVs

Powersports Finance News

Inside Octane’s inaugural RV, marine securitization

January 3, 2025

TECHNOLOGY

Spotlight

How USAA is investing in tech to speed the loan process

January 15, 2025

Technology

NMAC eyes completion of receivables system in FY 2025

January 8, 2025

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A Ford Mustang Mach-E4 is plugged into a charger during the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 14, 2022. The NYIAS returns after being cancelled for two years due to the Covid-19 pandemic. Photographer: Michael Nagle/Bloomberg

Huntington Bank auto originations up 83%

byJames Van Bramer

January 17, 2025

Regional bank's’ fourth-quarter earnings primarily showcased growth in auto finance, mirroring similar results reported by national banks this week. Bank...

Modern motorcycle parked on the street. RumbleOn Finance sputters in Q1.

RumbleOn names Quartieri CEO in shakeup

byAsh Savage

January 17, 2025

Recent leadership changes at powersports retailer RumbleOn are making the company temporarily noncompliant with listing requirements of the Nasdaq Stock...

Jeep vehicles at the company's booth during the 2025 Detroit Auto Show in Detroit, Michigan, US, on Friday, Jan. 10, 2025. The event opens to the public on January 11 and runs through January 20th. Photographer: Emily Elconin/Bloomberg

Stellantis North American shipments fall 28%

byAmanda Harris

January 17, 2025

Stellantis’ North American sales and shipments declined in the fourth quarter as the automaker looked to reduce inventory. Sales...

Sales offset auto ABS issuance drop in December (Big Wheels)

byAmanda Harris

January 17, 2025

A rise in auto sales offset a decline in auto asset-backed securitization issuance in December, contributing to stronger auto finance...

Record $20M FTC settlement points to active regulatory environment

byJames Van Bramer

January 16, 2025

A series of regulatory actions during the past month, including the largest FTC settlement involving a dealership, indicates that regulatory...

Bank of America originations rise 11.5% year over year

byAmanda Harris

January 16, 2025

Bank of America’s auto originations rose in the fourth quarter as the bank eyes further growth in 2025. Originations increased...

Beige Book: Sales rise, inventories dwindle at yearend

byAsh Savage

January 16, 2025

Dealers saw auto sales rise in the latter half of November through December as resolved election uncertainty, OEM incentives and...

Joggers pass the U.S. Federal Reserve building in Washington, D.C., U.S., on Tuesday, August 18, 2020. Photographer: Erin Scott/Bloomberg

Fed’s Waller says fresh rate cuts possible in first half of 2025

byBloomberg News

January 16, 2025

Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of...

News from Equipment Finance News

Podcast: Tech plays a growing role in equipment finance M&A

byMichael Archuleta

2025-01-21

AI and technology advances are shaping the equipment finance industry and playing a role in mergers and acquisitions. Alta Group…

Used-truck retail sales surge 23%

byMichael Archuleta

2025-01-21

Used-truck sales spiked in December as fleet owners took advantage of favorable deals ahead of continued price hikes while benefiting…

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