News Feed
Honda eyes incentives as inventory rebuilds
Honda could be on track to increase incentive spend and gain market share as supply rebuilds following multiple years of...
Lenders should prepare for ‘crazy’ EV residuals
LAS VEGAS — Auto lenders should prepare for “crazy” volatility around electric vehicle residual values as consumer purchasing preferences change...
Repossessions, deferments jump at AutoNation’s captive
Repossessions have increased at CIG Financial as consumer budgets are squeezed amid current economic conditions, leading the lender to increase...
BRP Q1 revenues hit record $2.4B
Canadian powersports manufacturer BRP posted record first-quarter revenue due to increased volume and pricing alongside a favorable product mix despite...
Auto Finance Summit East: Key takeaways amid a challenging market
High sticker prices combined with elevated interest rates have created a challenging market for auto lenders looking to keep operations...
Credit unions mull collective securitizations
LAS VEGAS — Credit unions are considering coming together to issue a “club,” or collective, securitization as the industry looks...
5 questions with … DriveItAway Holdings Chief Executive John Possumato
Driveitaway Holdings founder and Chief Executive John Possumato views this as the most exciting time to be a part of...
Firm that makes personal loans to pay $20 million after deceptive claims
US regulators ordered OneMain Holdings Inc. to pay $20 million in redress and penalties, saying the personal loan installment lender...
