Ford Motor Co. predicts losses in its electric vehicle business will grow to $3 billion this year as it spends ...

Delinquencies improved sequentially across nonprime and prime securitized auto loan pools in February driven by tax refund season as annualized ...

Credit union indirect lending network CUDL is partnering with cloud-based automotive retail solutions provider Tekion to provide credit unions with ...

The Federal Reserve raised interest rates by a quarter percentage point and signaled it’s not finished hiking, despite the risk ...

Carvana Co. said it’s offering to exchange up to $1 billion of bond principal at below-par prices as the struggling ...

Vehicles marked for repossession are taking longer to pick up due to a jump in volume and a bottleneck caused ...

New-vehicle affordability improved for the second straight month in February following six months of declines as average transaction prices dropped ...

Financial institutions are turning to fintechs more often to access their advanced technologies. Makes sense, since lenders need advanced verification ...