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Fed cuts rates by half point in decisive bid to defend economy

The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an

  • Bloomberg News
  • September 18, 2024

UAW moves toward Stellantis strike as tensions escalate

The United Auto Workers will ask members to green light a strike against Stellantis NV, escalating

  • Bloomberg News
  • September 18, 2024

Retailers vie for squeezed used-vehicle supply 

Used-vehicle supply is constrained, creating a competitive market for dealers and retailers looking to acquire used

  • James Van Bramer
  • September 17, 2024

New Octane President Fernald talks funding strategy

Powersports lender Octane is on track to exceed its origination estimates as it diversifies its funding

  • Ash Savage
  • September 17, 2024

Lower auto ABS issuance leads to weakened industry performance (Big Wheels)

The auto finance industry was weaker in August on a year-over-year and sequential basis, largely due

  • Amanda Harris
  • September 17, 2024

Ally faces legal battle after data breach

Ally Financial faces two class action lawsuits in the wake of a data breach earlier this

  • Whitney McDonald
  • September 16, 2024

New-vehicle affordability at highest in 3 years  

New-vehicle affordability improved in August to its best level since May 2021 as auto loan interest

  • James Van Bramer
  • September 16, 2024

Incentives climb 4.8% year over year

Incentive levels rose year over year in August as dealers and consumers continued to navigate pricing

  • Ash Savage
  • September 16, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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