More subprime consumers financed cars in the fourth quarter of 2025 than in Q4 2024 despite rising monthly payments and ...

Octane has raised $100 million in a series F round as part of its effort to continue to shore up capital, further diversify funding channels and support growth in 2026.  The New York-based powersports lender aims to have enough capital ...

CarMax is expanding its customer reach with the launch of an app available in the ChatGPT app store that allows consumers to shop for and sell used vehicles through the ...

Chase Auto made leadership changes in February to shore up pricing and product management.   Steve Weger was named head of product at ...

Consumer Portfolio Services has closed a private residual interest securitization worth $50 million.   The auto lender sold asset-backed notes with a coupon rate of 8.75% that were ...

US retail sales declined in January, restrained by weakness at auto dealers as winter weather-related disruptions tempered some activity. The ...

Auto asset-backed securitization loan performance is expected to remain weak in 2026 as consumers continue to face affordability concerns and lender underwriting strategies shift.   “Our outlook overall for 2026 remains. We expect ...

Vehicle sales dipped across several Federal Reserve bank districts and auto loan volume was mixed as customers continued to cite ...