SCUSA pledges $35M to bridge the digital divide
Santander Consumer USA (SCUSA) kicked off its efforts to bridge the digital divide in underserved U.S. communities with a $35...
Is ‘build to order’ built to last? Dealers weigh in
The shift to build-to-order sales, which was accelerated by pandemic-related inventory shortages and manufacturing woes, presents unique opportunities and challenges...
Vroom names Shortt as first COO and other staff moves
Vroom names Shortt as first COO Thomas Shortt, chief operating officer, Vroom Online used-car retailer Vroom appointed Thomas Shortt as...
GM debuts new Chevrolet Silverado EV
General Motors unveiled its Chevrolet Silverado EV pickup truck, which offers the same strength, durability and performance as the carmaker’s...
Elevated used-vehicle values drive lender adoption of Open Lending platform
Inflated used-vehicle values and the need to stay competitive in the market has lenders turning to a lender protection program...
Huntington Bank posts recoveries on NCOs for third straight quarter
Huntington Auto Finance posted recoveries on net charge-offs in the second, third and fourth quarters of 2021 as the bank...
Highly desired and highly priced: The snowmobile market has no chill
The snowmobile industry is experiencing all-too-familiar inventory crunches despite its unique sales model and hyper-niche consumer base as heightened demand...
Navy Federal Credit Union logs record $12B of auto originations in 2021
Navy Federal Credit Union booked $12 billion in auto loans in 2021, exceeding its 2020 origination volume by 14%. “It’s...
