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Longtime Ally exec Mike Kane dies

John Michael “Mike” Kane, 60, a longtime senior executive at Ally Financial, died Jan. 5. in

  • JJ Hornblass
  • January 13, 2022

Ford market cap tops $100 billion for first time on EV surge

Ford Motor Co.’s market value topped $100 billion for the first time as investors bet on

  • Bloomberg News
  • January 13, 2022

BMWFS, HCA, SCUSA inject $3.3B into ABS market in first lease deals of 2022

BMW Financial Services (BMWFS), GM Financial, Hyundai Capital America (HCA) and Santander Consumer USA (SCUSA) are

  • Joey Pizzolato
  • January 12, 2022

RumbleOn to enhance dealer inventory access through fulfillment centers

RumbleOn plans to operate its stores on a “keep-fill inventory system” in an effort to avoid

  • Whitney McDonald
  • January 12, 2022

US inflation hits 39-year high of 7%, sets stage for Fed hike

U.S. consumer prices soared last year by the most in nearly four decades, illustrating red-hot inflation

  • Bloomberg News
  • January 12, 2022

Auto loan application fraud tied to fake employers surpasses $1B

Fraudsters are increasingly utilizing fake employers to generate forged paystubs, falsify income and create synthetic identities

  • Joey Pizzolato
  • January 11, 2022

GM’s EV supply chain to support the production of new battery

General Motors is securing its electric vehicle (EV) supply chain through partnerships with leading semiconductor manufacturers

  • Whitney McDonald
  • January 11, 2022

Rivian’s stock slide deepens as operating chief steps down

Rivian Automotive Inc.’s chief operating officer stepped down, extending a tumultuous stretch for the electric-vehicle maker.

  • Bloomberg News
  • January 11, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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