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Hyundai, Kia face $5 billion hit from US-Korea auto tariff deal

Hyundai Motor Co. and affiliate Kia Corp. could face as much as $5 billion in additional

HOG sells $5B in HDFS loans to asset management firms 

KKR & Co. and Pacific Investment Management Co. have each agreed to purchase a stake in

Asbury Auto F&I revenue drops 5.4% in Q2 

Asbury Automotive and Penske Automotive’s finance and insurance profits tumbled in the second quarter as sales

Camping World F&I revenue hits record $201M in Q2

Camping World reported record finance and insurance revenue and RV sales in the second quarter, marking

Powell cites inflation risk as Fed holds interest rates steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued

Toyota sees record global sales despite Trump tariff turmoil

Toyota Motor Corp. saw record global sales during the first half of 2025 as strong demand

Lithia captive originations up 30% 

Lithia Motors’ captive finance arm, Driveway Finance, originated $731 million in loans during the second quarter

Polaris sales slide for 6th consecutive quarter

Polaris’ sales slid for the sixth consecutive quarter, hampered by industrywide sales declines and increased promotions

Credit Union Auto Lending Surges

David Thompson

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