February 24, 2023

Regional banks reported improved auto delinquencies and net charge-offs in the third quarter as their auto portfolios shrunk on a...

Lenders adjust to rising rates, higher funding costs (Big Wheels)

Rising benchmark interest rates are moving borrowing costs higher as strong returns continue to attract investors to auto paper. "The...

Penske Automotive to go private at $16.3 billion valuation

Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a deal with its two...

Carvana further cuts inventory in Q4 to support profitability

Carvana cut inventory levels again in the fourth quarter and

Fed: Consumers pull back on car maintenance, sales amid costs

More consumers were conservative in recent weeks with vehicle repairs, while dealers largely reported a slight slowdown in car sales...

U.S. Bank indirect loan and lease originations jump 18.1% in Q3

Regional banks reported improved auto delinquencies and net charge-offs in the third quarter as their auto portfolios shrunk on a...

Lenders adjust to rising rates, higher funding costs (Big Wheels)

Rising benchmark interest rates are moving borrowing costs higher as strong returns continue to attract investors to auto paper. "The...

Penske Automotive to go private at $16.3 billion valuation

Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a deal with its two...

Career path, technology investment key to powersports employee retention

Employee retention poses a significant problem for the powersports industry,

Fed: Consumers pull back on car maintenance, sales amid costs

More consumers were conservative in recent weeks with vehicle repairs, while dealers largely reported a slight slowdown in car sales...

U.S. Bank indirect loan and lease originations jump 18.1% in Q3

Regional banks reported improved auto delinquencies and net charge-offs in the third quarter as their auto portfolios shrunk on a...

Lenders adjust to rising rates, higher funding costs (Big Wheels)

Rising benchmark interest rates are moving borrowing costs higher as strong returns continue to attract investors to auto paper. "The...

Penske Automotive to go private at $16.3 billion valuation

Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a deal with its two...

Financing a startup: Breaking through current cost barriers

It’s a tough time to finance a startup. Startups looking

Fed: Consumers pull back on car maintenance, sales amid costs

More consumers were conservative in recent weeks with vehicle repairs, while dealers largely reported a slight slowdown in car sales...

U.S. Bank indirect loan and lease originations jump 18.1% in Q3

Regional banks reported improved auto delinquencies and net charge-offs in the third quarter as their auto portfolios shrunk on a...

Lenders adjust to rising rates, higher funding costs (Big Wheels)

Rising benchmark interest rates are moving borrowing costs higher as strong returns continue to attract investors to auto paper. "The...

Penske Automotive to go private at $16.3 billion valuation

Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a deal with its two...

S&P Mobility, Market Scan prep for integration

S&P Mobility plans to leverage its relationships with enterprise customers

Fed: Consumers pull back on car maintenance, sales amid costs

More consumers were conservative in recent weeks with vehicle repairs, while dealers largely reported a slight slowdown in car sales...

U.S. Bank indirect loan and lease originations jump 18.1% in Q3

Regional banks reported improved auto delinquencies and net charge-offs in the third quarter as their auto portfolios shrunk on a...

Lenders adjust to rising rates, higher funding costs (Big Wheels)

Rising benchmark interest rates are moving borrowing costs higher as strong returns continue to attract investors to auto paper. "The...

Penske Automotive to go private at $16.3 billion valuation

Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a deal with its two...

Tricolor issues $224M social ABS bond

Tricolor Auto Acceptance this month issued its second asset-backed securities

Fed: Consumers pull back on car maintenance, sales amid costs

More consumers were conservative in recent weeks with vehicle repairs, while dealers largely reported a slight slowdown in car sales...

U.S. Bank indirect loan and lease originations jump 18.1% in Q3

Regional banks reported improved auto delinquencies and net charge-offs in the third quarter as their auto portfolios shrunk on a...

Lenders adjust to rising rates, higher funding costs (Big Wheels)

Rising benchmark interest rates are moving borrowing costs higher as strong returns continue to attract investors to auto paper. "The...

Penske Automotive to go private at $16.3 billion valuation