Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a deal with its two ...

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated. ...

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper oversight and risk controls. ...

Vehicles promoted through CarGurus‘ AI-powered VINMax marketing platform had a 23% shorter median time to sale — nine fewer days ...

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while ...

Auto finance software provider Alfa’s update to its cloud-based Alfa Systems platform streamlines auto loan originations and adds AI tools. ...

US consumer prices advanced in September at the fastest pace in five months and a gauge of underlying price pressures ...

Bank of America Corp. was fined more than $1.21 billion for money laundering and sanctions violations by U.S. regulators, who ...