Carvana is originating a higher share of nonprime loans than in past years amid improved spreads, as reflected in its ...

AutoNation Finance, formally CIG Financial, has ceased accepting applications from some independent dealerships as the financier prioritizes AutoNation USA locations.   ...

Wholesale used-vehicle prices rose sequentially for the first time since March, halting the slide in values since their increase through ...

Canadian powersports manufacturer Bombardier Recreational Products’ retail sales grew in the second quarter of its fiscal 2024 as the company ...

Off Lease Only, a used-car dealer majority owned by Cerberus Capital Management LP, has filed bankruptcy and said it plans ...

Floorplan financing is growing for some lenders even as others step back amid elevated interest rates on the heels of ...

Elevated interest rates are prompting consumers to purchase vehicles in cash, contributing to a dip in finance and insurance profit ...

People say following a passion leads to career success, but not many actually follow that passion. One exception is Tom ...