Vietnam’s largest carmaker VinFast Auto Ltd. has secured a $150 million loan from Barclays Plc, as it advances expansion efforts ...

Vervent Inc. is preparing to take over servicing of Tricolor Auto Acceptance’s portfolio following the subprime lender’s Chapter 7 bankruptcy ...

Tricolor Auto Acceptance Chief Executive Daniel Chu resigned from the board of directors for Origin Bank days before the lender ...

AI-based auto lender Lendbuzz filed an initial public offering today as the company looks to increase capital markets access and ...

Bank of America today named two co-presidents and promoted Chief Financial Officer Alastair Borthwick to executive vice president. The bank ...

As two subprime lenders are pausing or shuttering business, lenders say the success gap between small- and large-scale lenders may ...

Kroll Bond Rating Agency and Moody’s Ratings have put their ratings on downgrade watch for Tricolor Auto Acceptance’s securitization transactions in ...

Used-vehicle inventory is shrinking for EVs and internal combustion engine cars as demand continues to rise.  Used EV days’ supply ...