Bank of America reports drop in originations
Bank of America’s auto portfolio grew year over year in the third quarter despite a dip in originations amid deteriorating...
Wells Fargo Auto originations plummet 41%
Wells Fargo Auto’s originations declined year over year in the third quarter as a result of increased pricing competition, while...
New-vehicle prices fall for first time in 5 months
Average new-vehicle transaction prices dropped for the first time in five months in September after reaching record highs in August...
Octane surpasses $1B in originations
Powersports lender Octane on Monday surpassed $1 billion in originations year to date on the heels of its expansion into...
RV retail registrations decline YoY
Recreational vehicle (RV) retail registrations declined in August as the industry begins to return to seasonal trends and the market...
Sept. used-vehicle values dip YoY for first time since 2020
Used-vehicle values decreased sequentially for the fourth consecutive month in September and fell year over year for the first time...
AmeriDrive begins purchasing vehicles for HyreCar platform
Mobility-as-a-service company AmeriDrive Holdings has begun purchasing vehicles to list on the HyreCar platform following the September closing of a...
Boat sales inch up in August despite decreasing consumer demand
Boat sales dipped sequentially in August as dealerships continue to grapple with inventory challenges brought on by supply chain constraints....
