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News Feed

Lucid cutting 18% of US staff as EV maker retrenches further

Lucid Group Inc. is slashing its workforce for at least the second time this year and

  • Bloomberg News
  • June 22, 2026

Open Lending to go private following acquisition by ANV

Auto fintech Open Lending said it will access additional capital, expanded market and distribution relationships and

  • C.J. Moore
  • June 18, 2026

New-vehicle auto loan rates drop 97 bps in June (Big Wheels)

National auto interest rates for new and used vehicles dropped for the sixth consecutive month in

  • Aidan Bush
  • June 18, 2026

Evotrex raises $30M in series A to advance electric RV trailer production

California-based electric RV startup Evotrex this month raised $30 million in series A financing as it

  • Johnnie Martinez II
  • June 18, 2026

Agora Data platform to offer vehicle service contracts, GAP 

AI-powered auto fintech Agora Data will provide vehicle service contracts and guaranteed asset protection products to

  • Auto Finance News, AI-assisted
  • June 18, 2026

Auto finance hiring slows (Under the Hood)

Auto financiers continue to seek key personnel but the number of open positions has slid in

  • Marcie Belles
  • June 18, 2026

Removal of CFPB supervisory highlights latest sign of federal pullback 

Auto lenders should be vigilant regarding state law and dealer practices following the removal of Consumer

  • Amanda Harris
  • June 18, 2026

CarMax Auto Finance originations up 5.5%

CarMax Auto Finance’s originations increased in the first quarter of fiscal 2027 as CarMax expanded its

  • Johnnie Martinez II
  • June 17, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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