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American Credit Acceptance names new CEO and COO, and other staff moves

American Credit Acceptance names Bynum CEO Subprime automotive lender American Credit Acceptance promoted Jason Bynum to

Rivian stands by EV output goal despite production slowdown

Rivian Automotive Inc. reaffirmed its 2023 target for electric-vehicle production even as the automaker’s output slowed

Forecasted Q1 new-vehicle sales up 5% YoY

New-vehicle sales in the first quarter are expected to increase on a year-over-year basis, and incentive

Lender strategy evolving with shift to EVs, new ownership models

Varied vehicle types and new ownership models are prompting lenders to consider new ways to target

Economy No. 1 threat to banking industry, consumer bankers say

Half of consumer bankers polled at CBA Live last week said the economy is the greatest

CFPB: ‘Junk fees’ in auto servicing are unfair, deceptive

Continuing its aggressive push of investigating and regulating so-called junk fees charged by banks and financial

Fed-favored inflation gauge rises by less than forecast, spending moderates

A key gauge of US inflation rose last month by less than expected and consumer spending

Polaris launches online consumer marketplace

Powersports manufacturer Polaris on Wednesday launched Polaris Xchange, an online marketplace where customers can purchase new

Credit Union Auto Lending Surges

David Thompson

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