Further credit tightening might be on horizon
Auto lenders are likely to further tighten underwriting criteria in the coming months as the rate of new auto loan...
Upstart auto originations plummet amidst lender caution
AI-driven lending platform Upstart’s auto originations declined significantly in the fourth quarter as high interest rates caused lenders to scale...
Axis Auto originations fall 77%
Canadian subprime lender Axis Auto Finance tightened credit parameters in the second quarter of its fiscal year 2024 ending Dec....
5 questions with … Mark Pregmon, VP of consumer lending at USAA
USAA Vice President of Consumer Lending Mark Pregmon aims to lead his team with humility and a servant leadership mindset...
Motorhome values rise in December, registrations slow
Motorhome auction values jumped in December while towable values fell and retail registrations declined. Average motorhome values jumped 16.1% month...
Off-road motorcycle finance penetration at 59%
More than half of off-road adventure motorcycles were financed in 2023, new data shows. The finance penetration rate for off-road...
Black Book: Used-powersports values to normalize by yearend
LAS VEGAS — Motorcycle and other powersports used-vehicle values are on the verge of settling back into historical seasonal trends...
Powersports e-commerce gains traction — up to a point
LAS VEGAS — Online research and shopping for powersports units is gaining traction in the industry, but consumers remain hesitant...
