Elevated vehicle prices have continued to put pressure on used-vehicle loan-to-value ratios. LTVs for used vehicles remained high in the ...

Slowing electric vehicle sales growth has spurred an uptick in EV incentives and continued price declines.  The industry hasn’t seen ...

Capital One announced its plans to acquire Riverwoods, Ill.-based Discover Financial Services and expects to spend $2.8 billion on integration costs, including tech conversion.  ...

Rivian Automotive Inc. revealed plans to cut 10% of its salaried workforce and set production guidance well below Wall Street’s ...

Carmakers have begun compensating leasing companies for the sliding value of used electric cars as Tesla Inc.’s price cuts rip ...

Thailand and Indonesia are introducing incentives to encourage EV adoption, the Wall Street Journal reported.   Thailand’s new policies include ...

Capital One’s planned acquisition of credit card company Discover Financial Services presents the bank with an opportunity to cross-sell its ...

Vroom is shaking up executive leadership at its captive, United Auto Credit. United Auto Credit (UACC) co-President and Chief Executive ...