Auto asset-backed securitization issuance dropped year-to-date compared with 2025 as spreads tightened.  Nonprime ABS issuance was down 27.8% YoY to $6.5 billion through Feb. 13, according to same-day data from JPMorgan Securities. This is ...

EV maker Rivian deliveries and production fell in the fourth quarter and full-year 2025 as the company shifted to its R2 model, while its software and services revenue expanded.  The company reported ...

Credit availability hit its highest level in more than three years in January amid sustained demand, despite consumers seeing discrepancies ...

Despite winter storms negatively impacting new-vehicle sales in January, several manufacturers reported increased sales for the month.  The automotive market was “resilient” despite weather challenges in ...

“Hope springs eternal” is an expression that is nearly synonymous with each new year.  However, another adage is that hope is not a strategy. There are many ...

CarMax Inc. named Keith Barr as chief executive officer, bringing in the former InterContinental Hotels Group Plc chief to modernize ...

Mercedes-Benz Group AG plans to sell some of its stake in Daimler Truck Holding AG to raise funds as it ...

Driveway Finance Corp., Lithia Motors’ finance arm, grew originations 43.5% year over year in the fourth quarter, while dealerships Lithia, Penske Automotive Group and Asbury Automotive posted ...