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VW approves plan to cut 50,000 more jobs in broad pverhaul

Volkswagen AG’s supervisory board backed a sweeping overhaul that calls for 50,000 additional job cuts, far

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Straw borrowing fraud costs auto lenders $600M annually

Scammers are recruiting people with good credit to sign car loans, then exporting or renting those

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Auto refi borrowers keeping longer terms for lower payments 

More consumers looking to refinance their auto loans are opting to retain longer terms even if

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Fitch Ratings eyes alternative credit scores in transactions

Fitch Ratings is becoming more comfortable with rating transactions that include loans underwritten with alternative credit

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Stellantis awarded $5.4M in Sky Auto Mall floorplan double-pledging lawsuit

Stellantis Financial Services was awarded $5.4 million in its lawsuit against Sky Auto Mall that alleged

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Ford, GM see lease residual value gains in 2026

Automakers’ lease residual values so far this year have shown stable to improved performance. For example,

  • C.J. Moore
  • September 1, 2026

55.2% of new EV sales financed in Q2

Most new-EV purchases in the second quarter were financed as manufacturers pushed financing incentives following the

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  • September 1, 2026

Beachman adds $10K EV conversions to retail strategy

Electric motorcycle manufacturer Beachman Bikes is using custom electric conversions starting at $10,000 to reach riders

  • Johnnie Martinez II
  • September 1, 2026

Credit Union Auto Lending Surges

David Thompson

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