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Bloomberg News
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US jobs report points to gradual moderation in labor market

US job growth moderated in May and the prior months were revised lower, indicating employers are

  • Bloomberg News
  • June 6, 2025

Wells Fargo names Kevin Reen head of auto 

Wells Fargo has named Kevin Reen its new head of auto following Tanya Sanders’ promotion into

  • Amanda Harris
  • June 5, 2025

Captives, OEMs combat tariffs with collaboration 

Captives and OEMs are meeting regularly to address affordability in a market defined by uncertainty, as

  • Aidan Bush
  • June 5, 2025

Subprime lenders eye ‘AI for good’ amid tariff headwinds 

PLANO, Texas — Subprime auto lenders are prioritizing technology investments and preparing for potential slowdowns to

  • Aidan Bush
  • June 5, 2025

Bank of America lowers EV penetration estimate to 14% by 2028 

Bank of America has lowered its EV sales penetration projections amid regulatory changes and an uptick

  • Amanda Harris
  • June 5, 2025

Ironhorse seeks funding as originations double 

Powersports lender Ironhorse Funding wants to establish additional forward-flow funding agreements as it plans to more

  • Amanda Harris
  • June 4, 2025

Thor Industries sales rise 3% 

RV manufacturer Thor industries’ sales increased during its fiscal third quarter as promotions ticked up and

  • Truth Headlam
  • June 4, 2025

Repo assignments hit 2.1M YTD through April 

Vehicle repossessions and delinquencies are increasing as consumers continue to grapple with rising costs. National repossession

  • Truth Headlam
  • June 3, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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