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Lucid CEO: Under-$50K mid-size models are a ‘must-win’

Lucid Motors’ vehicle production and deliveries grew in the second quarter as it aims to improve

  • Aidan Bush
  • August 5, 2026

CPS originations up 75% YoY in Q2 

Consumer Portfolio Services‘ originations rose 75% year over year in the second quarter while credit performance

  • Amanda Harris
  • August 5, 2026

Credit Acceptance Corp. originations steady in Q2 

Subprime lender Credit Acceptance Corp.‘s originations volume ticked up in the second quarter on a dollar

  • Amanda Harris
  • August 5, 2026

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
  • August 5, 2026

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

  • Aidan Bush
  • August 4, 2026

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
  • August 4, 2026

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

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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