Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, has agreed to acquire MarineMax in an all-cash deal valued at about ...

Arvest Bank is integrating new capabilities to enhance automation and grow auto originations.   Bentonville, Ark.-based Arvest has signed on with TruDecision, the fintech’s Chief Executive Daniel Parry announced in July on LinkedIn. TruDecision provides analytical tools and ...

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The ...

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A “moderate net ...

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week.  Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured ...

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor ...

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America posted gains while Ford ...

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as dealerships adopt online channels, Gaurav Goyal, head of auto originations strategy and ...