Rivian affirms production target as preorders mount
Electric vehicle manufacturer Rivian Automotive reaffirmed its production guidance for the full year despite protracted supply chain constraints as preorders...
RumbleOn Finance originations clock in at $15M in Q2
RumbleOn Finance is ramping up retail originations on the heels of its freshly minted $25 million credit facility with Credit...
Listen: Weekly Wrap discussion on credit availability, used vehicles
Last week the auto finance industry entered the tail end of second-quarter earnings season as used-vehicle values depreciated for the...
Hertz acquires one-third of fleet from wholesale market
Hertz Global Holdings is still leaning on the wholesale market to acquire inventory as travel demand remains robust and new-vehicle...
Listen: Weekly Wrap discussion on captives’ 2Q earnings
Earnings season continued in full swing last week, with two major powersports OEMs and two U.S.-based captives reporting second-quarter results....
Rate and term: How credit unions are winning market share
In the latest chapter of the market ebbs and flows spurred by COVID-19 shutdowns that began over two years ago,...
What’s behind the recent retreat in auto ABS spreads?
A recession should lead to wider spreads – but ABS spreads fell for second consecutive straight week. Weekly asset-backed securities...
Back to school: How F&I training is changing at dealerships
With the COVID-19 pandemic pushing consumers to an omnichannel retail and finance experience, and finance and insurance (F&I) training programs,...
