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Lendbuzz closes $135M credit facility with Regions Bank

Artificial intelligence-based auto lender Lendbuzz has secured a fresh credit facility with Regions Bank to expand

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TrueCar Plus expands to 5 new states, plans additional rollout 

TrueCar has expanded its online car-buying and financing platform into five additional states while introducing new

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Auto sales in Europe climbed for a fourth month in November as supply-chain issues continued to

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Deep subprime loan terms fall to 8-year low 

Loan terms fell to an eight-year low in October across deep subprime auto asset-based securities (ABS)

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New-vehicle ATP hits record high, again

New-vehicle average transaction prices (ATP) ticked up for the second straight month, reaching a new record

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Fed downshifts to half-point hike, sees 5.1% rate next year

The Federal Reserve downshifted its rapid pace of interest-rate hikes while signaling that borrowing costs, now

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Rental companies step up remarketing activity

Car rental companies are increasing their remarketing activities at auction and have pulled back on wholesale

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H&E Equipment Services to sell Komatsu earthmoving distributorship

H&E Equipment Services is set to sell its Komatsu earthmoving distribution business to Houston-based Waukesha-Pearce Industries

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Credit Union Auto Lending Surges

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