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US recurring jobless claims jump to highest since end of 2021
Recurring applications for US unemployment benefits rose to the highest since the end of 2021, adding to evidence that it...
Carvana launches real-time down payment capabilities
Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to...
Inside Global Lending Services’ EV financing strategy
Global Lending Services has launched EV financing on the heels of implementing enhanced dealer tools and risk scoring to drive...
Auto parts supplier Marelli files for Chapter 11 bankruptcy
Marelli Holdings Co., the struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, has filed for...
US core inflation rises less than forecast for fourth month
Underlying US inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are...
GM dodges tariffs with production shift to US from Mexico
General Motors Co. plans to invest $4 billion in its US plants over the next two years to boost output...
Credit unions see leasing uptick
Credit unions are seeing an uptick in leasing activity this year as consumers continue to grapple with affordability. Leasing volume...
Carvana issues $670M ABS deal, eyes growth
Carvana issued its second prime auto asset-backed securitization transaction of the year today as the retailer eyes continued portfolio growth...
