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Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp.,

  • Bloomberg News
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California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of

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FinBe taps Westlake Portfolio Management to service 2025 securitization pool

Nonprime auto lender FinBe USA this week entered into a subservicing agreement with Westlake Portfolio Management

  • C.J. Moore
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Yamaha Motor to end in-house ROV production, cut about 200 positions

Yamaha Motor will end in-house recreational off-highway vehicle production and shift to partner-supplied models. The revised

  • Johnnie Martinez II
  • August 4, 2026

US job openings edged down in June, layoffs remained limited

US job openings eased in June but hiring picked up, indicating relatively steady demand for workers

  • Bloomberg News
  • August 4, 2026

Negative equity adds $12K to vehicle loan on trade-ins in H12026

Consumers have more negative equity in their cars this year than they did in 2025, and

  • Aidan Bush
  • August 3, 2026

Ford Credit funding reaches more than 60% of 2026 target

Ford Credit executed $19 billion in public funding issuance in the first half of 2026, more

  • C.J. Moore
  • August 3, 2026

FTC letters prompt dealer pricing changes 

Dealers are adjusting pricing advertising after the FTC sent letters warning against “deceptive” practices, changes that

  • Amanda Harris
  • August 3, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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