Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry to increasingly turn to ...

Li Auto Inc. swung to a profit last year after deep discounting to fend off rising competition in the Chinese ...

Used-vehicle retailer Carvana’s loan originations ticked down in the fourth quarter following months of credit tightening as the company eyes ...

PNC Financial appoints Lyons president  Pittsburgh-based PNC Financial Services Group has named Michael P. Lyons president following a unanimous vote ...

EV manufacturers Rivian Automotive and Lucid Motors are expanding the scope of their finance arms as deliveries increased in the ...

Subprime lender Arivo Acceptance Chief Executive Landon Starr will continue to embrace technology while making structural adjustments to the company’s operations ...

Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the ...

Toronto-based non-prime lender Axis Auto Finance is eyeing a potential merger or sale of the company.  Axis formed a “special ...