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Carvana streamlines production as sales rise 

Carvana is eyeing improved brand awareness and production efficiency to drive further sales growth into 2025.

Perella, Innovatus explore sale of auto lender Flagship Credit

The owners of Flagship Credit Acceptance LLC are exploring a sale of the auto-finance provider, according

5 Questions with … Capital One President of Financial Services Sanjiv Yajnik  

Sanjiv Yajnik, president of financial services at Capital One, is exploring ways to blend digital tools

Spotlight on innovation: 2024 Auto Finance Excellence Awards honor strategic leadership 

Auto lenders maintained steady operations through strong leadership and a commitment to innovation despite the tight

Auto finance industry performance trending up (Big Wheels) 

A sequential dip in auto loan rejection rates and an increase in auto asset-backed securitization issuance

US initial jobless claims decline to lowest level since April

Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating

Rising inventories lead to ramp up of incentive spending

Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle

Lazydays F&I down 0.8% year over year 

RV dealer group Lazydays’ finance and insurance revenue inched down year over year in the third

Credit Union Auto Lending Surges

David Thompson

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