Declining subprime auto finance market share is contributing to a higher-quality credit mix industrywide and helping to offset rising defaults ...

Electric vehicle manufacturer Arcimoto increased its deliveries in the second quarter of 2023 and raised money as the company looks ...

Floorplan financing exemptions in the new state commercial financing disclosure laws may not be as broad as lenders think.  Following ...

US consumer confidence fell by the most in two years as souring views on the labor market, higher borrowing costs ...

Repossession agents are facing headwinds as they try to meet growing lender demand, and the situation is now drawing the ...

Banks continued to tap the auto asset-backed securitization market last week to offload consumer debt amid shrinking deposits.  Fifth Third, ...

Financiers are getting creative in the securitization market as investor demand spurs auto-backed issuance.   Seasoned issuers are finding new ways ...

Powersports OEM BRP will discontinue dealer surcharges as pandemic-related supply chain issues resolve and expenses decrease.  BRP informed dealers earlier ...