Leasing app Fair is starting fresh with a new chief executive roughly six months after lead investor SoftBank forced the ...

Carvana has pumped the brakes on its stand-alone consumer vehicle purchase program and tightened credit standards for originations, Chief Executive ...

At the height of the credit crisis, the federal government introduced a program to save the auto industry. The program ...

Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...

The coronavirus economy and weaker consumer demand have created substantial risk for used vehicles as large volumes of leased vehicles ...

Westlake Financial Services has begun financing commercial vehicles in eight U.S. markets, the company announced yesterday. The Los Angeles-based lender ...

Ford Motor Credit increased its excess spread by 42 basis points in its latest asset-backed securitization issued this week, according ...

Wholesale used-vehicle values in April were unable to bounce back from Manheim’s first mid-month progress report, falling 11.4% from March. ...