August 5, 2022

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

The General Motors headquarters in Detroit. Photographer: Jeff Kowalsky/Bloomberg

GM Financial’s Kyle Birch to retire after 28 years with company

GM Financial President of North America Operations Kyle Birch is retiring at the end of the year after more than...

Carvana Q2 originations grow 6.1% YoY

Rising interest rates and wider credit spreads are putting the

Lucid CEO: Under-$50K mid-size models are a ‘must-win’

Lucid Motors’ vehicle production and deliveries grew in the second quarter as it aims to improve cash flow by $1.4...

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

GM Financial’s Kyle Birch to retire after 28 years with company

GM Financial President of North America Operations Kyle Birch is retiring at the end of the year after more than...

Open Lending cert volume declines

Automotive fintech Open Lending’s certified loan volume fell year over

Lucid CEO: Under-$50K mid-size models are a ‘must-win’

Lucid Motors’ vehicle production and deliveries grew in the second quarter as it aims to improve cash flow by $1.4...

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

GM Financial’s Kyle Birch to retire after 28 years with company

GM Financial President of North America Operations Kyle Birch is retiring at the end of the year after more than...

Used-vehicle values decline for second straight month

Used-vehicle values clocked a small sequential decline in July but

Lucid CEO: Under-$50K mid-size models are a ‘must-win’

Lucid Motors’ vehicle production and deliveries grew in the second quarter as it aims to improve cash flow by $1.4...

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

GM Financial’s Kyle Birch to retire after 28 years with company

GM Financial President of North America Operations Kyle Birch is retiring at the end of the year after more than...

‘Sizzling’ US jobs data make case for bigger Fed rate increases

A blowout US jobs report for July means the Federal

Lucid CEO: Under-$50K mid-size models are a ‘must-win’

Lucid Motors’ vehicle production and deliveries grew in the second quarter as it aims to improve cash flow by $1.4...

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

GM Financial’s Kyle Birch to retire after 28 years with company