Cost of funds for Carvana’s first nonprime asset-backed securities deal since March 2022 increased as expected cumulative loss levels rose ...

Executives from subprime lenders Automotive Credit Corp., Flagship Credit Acceptance and Tricolor Auto will take part in a panel discussion ...

US economic growth slowed in the first quarter by more than expected as tepid business investment and a pullback in ...

GTE Federal Credit Union came to market Monday with a $202.8 million transaction backed by prime auto loans, marking the ...

Auto sales were mixed in April as improving vehicle supply propped up sales, but high interest rates contributed to softening ...

Finance and insurance revenue at Group 1 and Penske Automotive dipped in the first quarter, snapping a streak dating back ...

Higher retail sales along with an increase in average loan amounts financed and a stronger share of U.S. loan financing ...

Powersports manufacturer Polaris’ financing partners originated a higher volume on a dollar basis in the first quarter even as North ...