News Feed
CFPB’s auto finance data initiative could cost lenders millions
The Consumer Financial Protection Bureau is proposing a new annual data collection initiative that, if approved, is poised to cost...
EV maker Workhorse seeks funding, cuts 20% of staff
Commercial electric truck manufacturer Workhorse has cut 20% of its staff and is working to shore up funding to maintain...
US core inflation tops forecasts again, reinforcing Fed caution
Underlying US inflation topped forecasts for a second month in February as prices jumped for used cars, air travel and...
America’s Car-Mart completes LOS rollout
Buy here, pay here car dealer and financier America’s Car-Mart completed the rollout of its loan origination system in the...
Podcast: ‘Weekly Wrap’ on used vehicle values, EVs
Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors. The...
EV price volatility challenging auto lenders
Some electric vehicles are now cheaper than they used to be, and the lower price tag comes with challenges for...
Snowmobiles finally get the Tesla treatment
Imagine you are a moose, chomping away on some twigs without a hint of concern in your beautiful, tennis-ball-sized brain....
Leasing, older vehicle financing gain traction
Affordability challenges are prompting an uptick in leasing and financing of older vehicles as consumers look to lower their monthly...
