EV marketplace Plug has closed another round of funding as it works to expand services for dealers and finance partners to help them manage the growing volume ...

Fraud does not announce itself at origination.  Sometimes it surfaces later, through charge-offs, early payment defaults and losses that suddenly hit the profit and loss ...

Banco Santander SA agreed to acquire Webster Financial Corp. for $12 billion in one of the largest-ever US deals by ...

The collapse of subprime auto lender Tricolor Holdings has asset-backed securitization and subprime auto players divided on whether it’s a ...

Increased spending by wealthier consumers, easing interest rates, sustained demand and looser lending standards should support the auto market in 2026.  U.S. consumer spending is expected to ...

Auto and powersports financiers mostly reported lower originations and sales for the last quarter as shifting spending patterns by cash-strapped ...

Surrounded by more than a century of automotive history at the Mercedes-Benz museum in Stuttgart, tennis legend Roger Federer edged a ...

U.S. automakers in 2026 could face higher borrowing costs as the probability of defaulting on their debt obligations rose in 2025 amid market volatility.  The probability of default, or PD, for U.S. automakers ...