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Tricolor founder, ex-COO plead not guilty to fraud charges

Tricolor Holdings founder Daniel Chu and former Chief Operating Officer David Goodgame pleaded not guilty to

  • Bloomberg News
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Used-EV values up 2.4% (Big Wheels)

Used-EV values climbed at the start of the year alongside dealer demand ahead of an expected

  • Truth Headlam
  • January 12, 2026

Podcast: Tricolor collapse, servicing transition sparks industry changes 

Gaps in data verification likely contributed to missed double-pledging of assets at Tricolor Auto, prompting changes

  • Amanda Harris
  • January 12, 2026

McGlinchey closes doors after 51 years 

Law firm McGlinchey is closing its doors after 51 years following a decision by equity members

  • Amanda Harris
  • January 12, 2026

Fed served with DOJ subpoenas; Powell vows to stand firm

Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas

  • Bloomberg News
  • January 12, 2026

State regulatory activity to increase despite CFPB funding ruling 

Auto lenders will likely continue to face an uptick in state regulatory activity and limited probing

  • Truth Headlam
  • January 9, 2026

Used-car sales dip 1%, supply builds 

Used-vehicle retail sales slowed and supply tightened toward the end of 2025 as buyers held off

  • Amanda Harris
  • January 9, 2026

Complaint volume spikes despite CFPB inactivity (Under the Hood)

The volume of auto finance complaints lodged with the Consumer Financial Protection Bureau in 2025 surged

  • Marcie Belles
  • January 9, 2026

Credit Union Auto Lending Surges

David Thompson

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