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Risk Management

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CACC portfolio growing amid industry softening

Auto lender Credit Acceptance Corp. logged portfolio growth through the first half of the year amid

  • Riley Wolfbauer
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Dealership sales: What happens to floorplan?

What happens when a dealership changes hands? Floorplan lines of credit, mortgages and other debt must

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  • October 4, 2023

Transformation strategy leaders to discuss new ownership models at AFS 2023

Auto finance industry strategy leaders will discuss how to navigate novel ownership models with flexibility on

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  • October 4, 2023

GM prepares $6 billion credit line to cushion strike costs

General Motors Co. is setting up a $6 billion line of credit to shore up liquidity,

  • Bloomberg News
  • October 4, 2023

OEMs aim for set pricing on EVs

Manufacturers are pushing for set prices on EVs by keeping margins tight, while online ordering is

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  • October 3, 2023

Ally Financial starts job cuts with less than 5% of staff affected

Ally Financial Inc. started cutting jobs on Monday, initiating a workforce reduction that will affect less

  • Bloomberg News
  • October 3, 2023

Tesla, Rivian EV deliveries up YoY in Q3

Electric vehicle deliveries picked up on a year-over-year basis in the third quarter on the heels

  • Amanda Harris
  • October 2, 2023

Podcast: ‘Weekly Wrap’ on Q3 sales, UAW strike, EVs

Third-quarter new vehicle sales are forecast to finish higher year over year after a strong September

  • Riley Wolfbauer
  • October 2, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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