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New commercial finance disclosure laws exempt floorplan

Auto lenders have been granted a reprieve from new commercial financing disclosure laws coming down the

  • Amanda Harris
  • December 12, 2022

AutoNation to buy mobile car-repair startup for $190 million

AutoNation Inc. is buying a mobile car-repair startup that counts Mercedes-Benz Group and Porsche AG among

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Every fifth car on the road in Norway is now electric

Norway has reached another milestone in electric-vehicle adoption with every fifth car in the country now

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Ford Credit to launch commercial vehicle insurance 

Ford Credit will launch an auto insurance product for its commercial business early next year, expanding

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  • December 9, 2022

Consumer complaints against Carvana increase 47% YoY 

Consumer complaints against Carvana have jumped 47% year over year as the retailer faces litigation due

  • Amanda Harris
  • December 9, 2022

CIT supplies Utopia Deals with $35M revolving credit facility

CIT’s asset-based lending business has inked an agreement with global retailer Utopia Deals to supply the

  • Johnnie Martinez II
  • December 9, 2022

BlackRock, Knighthead among Carvana’s other key creditors

The future of Carvana rests with investment firms including BlackRock, Ares Management and Knighthead Capital Management,

  • Joey Pizzolato
  • December 8, 2022

Carvana website traffic declines 17% in November

Consumer interest in Carvana’s offering has declined as inflationary pressures push down consumer confidence and the

  • Riley Wolfbauer
  • December 8, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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