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Bloomberg News
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Lendbuzz scores forward flow arrangement with alternative asset manager  

Lendbuzz signed an additional forward flow partner this week as the lender continues to diversify its

  • Joey Pizzolato
  • March 22, 2024

Captive underwriting holds steady in volatile market

Captives have maintained their purchase policies in the face of compressed profit margins, rising capital costs,

  • Amanda Harris
  • March 22, 2024

‘Not enough demand’: Snowmobile market lags with limited snowfall

Snowmobile retail sales and origination volumes were down during the winter selling season this year as

  • Riley Wolfbauer
  • March 22, 2024

Transportation industry banks on gen AI for autonomous solutions

As the equipment industry continues to develop autonomous solutions, the transportation industry sees gen AI as

  • Johnnie Martinez II
  • March 22, 2024

Stellantis to cut 400 jobs in US amid challenging shift to EVs

Stellantis NV is cutting about 400 white-collar jobs in the US as the maker of Jeep

  • Bloomberg News
  • March 22, 2024

Big Wheels: Auto lenders inject nearly $5B into ABS market this week

The auto asset-backed securities market has been busy this week with nearly $5 billion of new

  • Joey Pizzolato
  • March 21, 2024

Big Wheels: Negative equity could impact consumers’ ability to get auto loans  

Negative equity is a growing concern for auto lenders as used-vehicle prices come down and consumers

  • Amanda Harris
  • March 21, 2024

5 questions with … Michelle Corson, CEO of On the Road Companies

Chief Executive Michelle Corson founded On the Road Companies in 2013 with money from friends and

  • Riley Wolfbauer
  • March 21, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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