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Tricolor update: Transition estimated to cost up to $7.5M

The takeover of Tricolor Holdings’ assets and debts could cost $7 million to $7.5 million by

  • Aidan Bush
  • February 13, 2026

Nonprime ABS issuance down 27.8% YTD

Auto asset-backed securitization issuance dropped year-to-date compared with 2025 as spreads tightened. Nonprime ABS issuance was

  • Truth Headlam
  • February 13, 2026

Rivian deliveries drop 31.3% YoY amid operational shift

EV maker Rivian deliveries and production fell in the fourth quarter and full-year 2025 as the

  • Johnnie Martinez II
  • February 13, 2026

Credit availability up 4.7% YoY

Credit availability hit its highest level in more than three years in January amid sustained demand,

  • Aidan Bush
  • February 12, 2026

OEM January sales mixed amid wintry weather

Despite winter storms negatively impacting new-vehicle sales in January, several manufacturers reported increased sales for the

  • Amanda Harris
  • February 12, 2026

What the K-shaped economy means for lenders, dealers (Off the Lot) 

“Hope springs eternal” is an expression that is nearly synonymous with each new year. However, another

  • Bruce Newmark
  • February 12, 2026

CarMax taps former InterContinental Hotels CEO after sales slump

CarMax Inc. named Keith Barr as chief executive officer, bringing in the former InterContinental Hotels Group

  • Bloomberg News
  • February 12, 2026

Mercedes to sell part of €12 Billion Daimler Truck stake

Mercedes-Benz Group AG plans to sell some of its stake in Daimler Truck Holding AG to

  • Bloomberg News
  • February 12, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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