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Auto credit access hits 10-year high in August as new vehicle prices top $50K

Access for auto loans improved in August thanks to longer terms and more subprime borrowing, despite

  • Aidan Bush
  • September 22, 2026

CarMax lays off 145 in line with planned cost cuts 

CarMax this week announced layoffs of 145 associates as it looks to “operate with a leaner

  • Amanda Harris
  • September 22, 2026

Thor’s North American sales fall 17.9% in fiscal Q4

RV manufacturer Thor Industries’ North American sales fell in its fiscal fourth quarter as shipments declined

  • Johnnie Martinez II
  • September 22, 2026

Tight inventory controls drive ‘strong payment performance’ across dealer floorplan ABS

Tighter inventory management is contributing to improved performance in floorplan asset-backed securitizations alongside steady year-to-date issuance.

  • C.J. Moore
  • September 22, 2026

Credit Acceptance Corp. enters $710M settlement with 40 states

Credit Acceptance Corp. has agreed to a $710 million settlement after 40 state attorneys general accused

  • Aidan Bush
  • September 18, 2026

New powersport MSRPs up 24% since 2020, outpace rise in used 

Powersports consumers are turning to used products as new-unit prices have nearly doubled compared with used,

  • Amanda Harris
  • September 18, 2026

Capital markets investors treat marine loans with more caution

A lack of performance data leaves investors more hesitant about buying marine loan-backed securities. Banks are

  • C.J. Moore
  • September 18, 2026

Canadian dealer adds to industry’s floorplan woes (Under the Hood) 

Add Bank of Montreal to the growing list of financiers facing floorplan troubles. Last month, BMO

  • Marcie Belles
  • September 18, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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