Page 303 – Auto Finance News

Online direct lender Carputty lowered its base interest rate for its Flexline financing option for new- and used-vehicle purchases as ...

The Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., is displayed at the company's headquarters in Newark, California, U.S., on Monday, Aug. 3, 2020. The final specs and design of the Lucid Air are due to be unveiled at an event in September and executives say customers can now expect delivery of the first batch of Airs in spring 2021.

Lucid sees 33% revenue jump, Saudi investment of $1.5B

byJames Van Bramer

September 18, 2024

0

EV maker Lucid Motors reported revenue growth in the second quarter and announced a $1.5 billion investment from an affiliate ...

Big Wheels: Auto stocks rebound after falling 2% in market sell-off

byJames Van Bramer

September 18, 2024

0

Auto stocks have rebounded after falling 2% in a single day of trading Aug. 5 as fear over the slowing ...

Camping World Holdings Inc. signage is displayed as American Flags fly outside of the New York Stock Exchange (NYSE) during the company's initial public offering (IPO) in New York, U.S., on Friday, Oct. 7, 2016. U.S. stocks fell after jobs data showing steady growth in the labor market likely kept the Federal Reserve on track to tighten monetary policy this year as investors turn to the third-quarter earnings season.

Camping World F&I revenue up 7.2% year over year

byAsh Savage

October 29, 2024

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Camping World’s finance and insurance revenue increased year over year in the second quarter as new-RV unit sales increased and ...

Panelists to discuss specialty lending at PowerSports Finance Summit 2024

byAsh Savage

September 18, 2024

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The Auto Finance News team is pleased to announce that leaders from Octane Lending, Source One Financial Services and TDECU will join PowerSports Finance Summit 2024 for ...

Auto lenders balance technology with consumer needs

byAsh Savage

September 18, 2024

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A “one-size-fits-all” approach to technology investment in the auto industry lacks the flexibility lenders need as they work to enhance ...

Sonic Auto F&I revenue inches down

byJames Van Bramer

September 18, 2024

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Finance and insurance revenue ticked down during the second quarter for Sonic Automotive while auto sales fell following cyberattacks on ...

Vehicles pass in front of the Marriner S. Eccles Federal Reserve building in Washington, DC.

Fed says fewer banks tightened loan standards last quarter

byBloomberg News

September 18, 2024

0

A smaller share of US banks reported stricter credit standards in the second quarter, according to the Federal Reserve. . ...

Federal Reserve announces emergency meeting on auto lending regulations • Click for details

MARKET SNAPSHOT

Carputty CEO talks rate drops, line-of-credit financing

Lucid sees 33% revenue jump, Saudi investment of $1.5B

Big Wheels: Auto stocks rebound after falling 2% in market sell-off

Camping World F&I revenue up 7.2% year over year

Panelists to discuss specialty lending at PowerSports Finance Summit 2024

Auto lenders balance technology with consumer needs

Sonic Auto F&I revenue inches down

Fed says fewer banks tightened loan standards last quarter

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