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Tricolor founder Daniel Chu gets October trial on fraud charges

Tricolor Holdings founder Daniel Chu is set to go on trial in October on charges that

  • Bloomberg News
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Electric speed boat maker expands to defense with new funding

Los Angeles-based electric powerboat maker Arc Boat Company has raised $50 million to finance its expansion

  • Bloomberg News
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Exeter’s potential sale shows private equity constraints in auto

The potential sale of Exeter Finance highlights the impediment that private equity ownership can pose to

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New-EV sales fall 11% in February as gas prices boost demand

While new-EV sales continued to slide at the end of February, rising gas prices led to

  • Aidan Bush
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Strong seasonality drives up used-car values (Big Wheels) 

Used-vehicle values rose during the first quarter, after declining at the end of 2025, due to

  • Amanda Harris
  • March 19, 2026

Powersports OEM incentives rise as industry maintains pricing discipline

Promotional activity in the U.S. powersports market remained consistent year over year in March, with manufacturers

  • Johnnie Martinez II
  • March 19, 2026

Solifi launches AI tool to cut document review times by 70% for lenders

SaaS provider Solifi has developed an AI solution that will significantly reduce the time that auto

  • Quinn Donoghue
  • March 19, 2026

Uber to invest up to $1.25B in Rivian in robotaxi bet

Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc.

  • Bloomberg News
  • March 19, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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