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Natalie Mattila

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Vroom subsidiary UACC originations down 1.7% 

Vroom subsidiary United Auto Credit Corp.’s originations dipped year over year in the second quarter as

Hyundai Motor America sales jump 14.9% in July

Most automakers saw sales climb in July as heavy incentives and the pending elimination of the

Octane surpasses $1.5B in forward-flow deals with Moore Capital Management

Powersports lender Octane Lending exceeded $1.5 billion in forward-flow deals over the past 10 months after

Lease-end financing: The next lender opportunity (Off the Lot)

Lately it seems every news story is focused on one of the many variables rippling through

Automotive Credit Corp. pauses all originations 

Automotive Credit Corp. today announced that it is pausing originations activity indefinitely, effective immediately. The Southfield,

Used-vehicle prices up 2.9% YoY in July

Used-vehicle prices rose year over year in July but were down sequentially, with tariff-induced market uncertainty

Pagaya auto volume surpasses $2B run rate 

Pagaya Technologies’ auto portfolio grew in the second quarter following the fintech’s launch of new underwriting

Open Lending’s certified loans dip 8.5% YoY

Automation fintech Open Lending’s certified loan volume declined in the second quarter, though credit unions showed

Credit Union Auto Lending Surges

David Thompson

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