April 4, 2023

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Powersports financing penetration up 15% from pandemic lows

Financing volume is ticking up at powersports dealerships following pandemic

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

S&P Global expects one more quarter-point hike this year

NEW YORK — Economists at S&P Global expect the Federal

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Sunbit expands into F&I products for consumer affordability

Buy-now, pay-later fintech Sunbit is expanding its dealer services to

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Lenders consider social media risks following SVB collapse

Social media is at the forefront of lenders’ risk management

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

China slowly squeezes global carmakers out of its massive market

Legacy automakers have been sounding optimistic lately about vehicle sales

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition