The cost of funds continues to remain historically low in the asset-back securities market, prompting Consumer Portfolio Services on June ...

Banks are increasingly selling off short-term loans they made to fund leveraged buyouts, a sign that they’re freeing up capacity ...

Active riders are returning to the market after the COVID-19 pandemic halted travel in 2020, according to second-quarter earnings reports ...

Last week, President Joe Biden signed an executive order with the goal that roughly 50% of all new vehicles sold ...

Yamaha Financial Services’ former Chief Risk and Chief Strategy Officer Vijay Patil departed the lender in July to helm a ...

Vroom continues to focus on sourcing vehicles from consumers, a strategy that led to triple-digit growth in product revenue and ...

Despite having raised $155 million in venture funding and being touted as a fintech innovator for its auto equity line ...

Shares of Lordstown Motors Corp., the embattled electric vehicle startup, rose as the company held to its plan to start ...