Lendbuzz retrains credit models as expansion sees defaults double
AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting updates to the financier’s ...
AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting updates to the financier’s ...
GM Financial is looking to AI to streamline processes and boost customer experience, Chitra Herle, global chief information officer, said at Auto ...
Powersports retailer RumbleOn is working closely with manufacturers to align inventory with market realities as retail sales and finance and ...
President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one ...
American Honda is aiming to bolster sales and consumer loyalty by training dealers on certified pre-owned vehicle leasing. The company ...
Auto industry partners are working to establish lending options that are mutually beneficial to lenders, dealers and subprime consumers amid ...
AI-driven lending platform Upstart’s auto originations fell in the first quarter as the financier focused on profitability, better credit quality ...
Social impact, lack of dealer support and struggling business models are hindering mass EV adoption while EV manufacturers Rivian and ...