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Bloomberg News
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Call for nominations for 2025 Auto Finance Excellence Awards  

Nominations for the Auto Finance Excellence Awards are now open. The Auto Finance Excellence Awards, first

  • Truth Headlam
  • August 1, 2025

Carvana originations soar 51% 

Carvana’s second-quarter earnings showed significant gains in originations and sales. Originations totaled $3.1 billion, up 51.1%

  • Truth Headlam
  • July 31, 2025

Ford Credit EBT jumps 88% 

Ford Credit’s earnings rose in the second quarter, but the captive’s penetration rate declined, and lease

  • Amanda Harris
  • July 31, 2025

Honda Powersports launches nonprime financing with Octane

Powersports lender Octane has inked an agreement with Honda that allows nonprime customers to finance Honda

  • Aidan Bush
  • July 31, 2025

Nominations for the Powersports Achievement Awards now open 

The Powersports Finance Achievement Awards are the premiere designation for achievement within the powersports industry. The

  • Truth Headlam
  • July 31, 2025

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

  • Bloomberg News
  • July 31, 2025

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

  • Amanda Harris
  • July 30, 2025

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

  • Truth Headlam
  • July 30, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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