News Feed
Autonomy orders $1.2B in electric vehicles
Santa Monica, Calif.-based electric vehicle (EV) subscription service Autonomy today placed a $1.2 billion order for EVs, totaling 23,000 vehicles...
Vroom’s e-commerce profit jumps 106% in Q2
Vroom’s e-commerce gross profit per unit (GPU) set a record in the second quarter as the online auto retailer began...
Omnichannel experts to discuss changing industry at Auto Finance Summit
Kristina Bolte, vice president of Dealer Services digital, direct and alliance programs at U.S. Bank, and Denise Brown, vice president...
Autonomy to scale EV subscriptions with AutoNation
Electric vehicle (EV) subscription service Autonomy is expanding subscriptions to include more EV models as the company increases its geographic...
Listen: Weekly Wrap discussion on credit availability, used vehicles
Last week the auto finance industry entered the tail end of second-quarter earnings season as used-vehicle values depreciated for the...
Auto finance e-contracting in Q2 climbs 144% YoY
Auto lenders’ e-contracting adoption skyrocketed in the second quarter, evidenced by an uptick in the Wolters Kluwer Auto Finance Digital...
Carvana Q2 originations grow 6.1% YoY
Rising interest rates and wider credit spreads are putting the squeeze on Carvana’s financing business, even as origination volume and...
Open Lending cert volume declines
Automotive fintech Open Lending’s certified loan volume fell year over year in the second quarter as the industry faces continued...
