A Texas dealership group is testing AI-driven invoice processing and considering automation across finance and insurance compliance.   Autobahn has ...

Powersports Finance News is pleased to announce that industry veteran Jim Woodruff will take the stage at Powersports Finance Summit ...

Powersports lender Octane has secured another forward-flow agreement with funds managed by global alternative investment manager AB CarVal.  Minneapolis-based AB CarVal agreed to purchase as much as $750 million of fixed-rate installment, full-spectrum powersports ...

Lucid Group Inc. insists it’s not considering bankruptcy. But there’s little doubt the company is facing a moment of truth. ...

Chase Auto’s originations grew in the second quarter while credit performance improved. Auto loan and lease originations rose 8.9% year ...

Wells Fargo Auto’s originations continued to climb in the second quarter as the bank leans into auto amid its financing ...

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the second quarter rose year over year, while the bank’s overall digitally enabled sales increased.  Net charge-offs ...

Lucid Group Inc. is working with restructuring advisers to turn around its struggling business, according to people familiar with the ...