RumbleOn Finance originations clock in at $15M in Q2
RumbleOn Finance is ramping up retail originations on the heels of its freshly minted $25 million credit facility with Credit...
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Affinity FCU implements new car-leasing platform in NJ
New Jersey’s largest credit union announced a partnership with Credit Union Leasing of America (CULA) to offer its customers car-leasing...
Shift President Clementz appointed CEO amid Arison departure
Jeff Clementz, CEO, Shift Technologies Jeff Clementz, president at online used-car marketplace Shift Technologies, will become chief executive as co-founder...
US inflation runs cooler than forecast, easing pressure on Fed
US inflation decelerated in July by more than expected, reflecting lower energy prices, which may take some pressure off the...
Upstart originates first $10M in retail loans
Artificial intelligence (AI)-based lending marketplace Upstart’s financing partners in the second quarter originated the platform’s first $10 million in auto...
Autonomy orders $1.2B in electric vehicles
Santa Monica, Calif.-based electric vehicle (EV) subscription service Autonomy today placed a $1.2 billion order for EVs, totaling 23,000 vehicles...
Vroom’s e-commerce profit jumps 106% in Q2
Vroom’s e-commerce gross profit per unit (GPU) set a record in the second quarter as the online auto retailer began...
Omnichannel experts to discuss changing industry at Auto Finance Summit
Kristina Bolte, vice president of Dealer Services digital, direct and alliance programs at U.S. Bank, and Denise Brown, vice president...
Autonomy to scale EV subscriptions with AutoNation
Electric vehicle (EV) subscription service Autonomy is expanding subscriptions to include more EV models as the company increases its geographic...
