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Larissa Padden

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Bank of America lowers EV penetration estimate to 14% by 2028 

Bank of America has lowered its EV sales penetration projections amid regulatory changes and an uptick

Ironhorse seeks funding as originations double 

Powersports lender Ironhorse Funding wants to establish additional forward-flow funding agreements as it plans to more

Thor Industries sales rise 3% 

RV manufacturer Thor industries’ sales increased during its fiscal third quarter as promotions ticked up and

Repo assignments hit 2.1M YTD through April 

Vehicle repossessions and delinquencies are increasing as consumers continue to grapple with rising costs. National repossession

While boat sales sink, repower sales on the rise

As summer begins, marine dealers have reported a rise in repower sales, or boat engine replacements.

Lenders turn to AI to streamline dealer portals, accelerate funding 

Auto lenders are integrating automation technology to enhance income verification, reduce fraud and improve the dealership

HCA names Drotman CEO, BoA’s Thierry joins Citizens 

Hyundai Capital America on June 2 named Jim Drotman its president and chief executive, succeeding Marcelo

Podcast: Tariff uncertainty continues to define auto, powersports markets 

Major players in the auto and powersports industries continue to adapt to the rapidly changing macroeconomic

Credit Union Auto Lending Surges

David Thompson

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