Lucid Motors is reducing its headcount by 1,300, or 18% of its workforce, as the electric vehicle OEM looks to ...

The Auto Finance News team is pleased to announce five financial service and mobility startups that will show off their ...

LAS VEGAS — PNC Financial Services is leaning on digital outreach to decrease defaults and communicate with borrowers at risk ...

Carvana’s $1 billion debt swap is poised to offer the embattled retailer additional capital runway but does little to solve ...

While auto ABS spreads are widening amid market volatility, tax refunds supported improvement in ABS cure rates in February and ...

Electric bicycles have for years been a common sight in some regions of the United States. In New York City, ...

First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in ...

TD Auto Finance’s floorplan utilization rates have more than doubled after falling to pandemic-spurred lows as new-vehicle inventory improves.   ...