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CFPB zeros in on Servicemembers Civil Relief Act
Continuing a recent trend of highlighting potential unfair and deceptive acts or practices (UDAAP) within the auto loan servicing industry,...
Listen: Weekly Wrap on Q2 pullback in auto
Last week, second-quarter earnings pointed to mixed results as some financiers grew their auto books while others intentionally stepped back...
Hedged Tesla fund promises buffer from wild swings in carmaker
Investors may finally have a way to capture Tesla Inc.’s gains while avoiding the stomach-churning swings the electronic-vehicle stock is...
AutoNation acquiring CIG Financial to form captive
AutoNation has announced an agreement to acquire CIG Financial for $85 million to launch a captive finance arm. The transaction...
Tesla leasing revenue falls in Q2
Tesla’s leasing revenue ticked down in the second quarter on the heels of steady growth over the past year. ...
Capital One slows auto production in Q2
Capital One is the latest lender to intentionally back off auto lending in the second quarter as interest rates rise,...
VW Appoints Porsche CEO to Succeed Diess After Tumultuous Tenure
Volkswagen AG will elevate Porsche chief Oliver Blume to replace Herbert Diess, who will leave his position leading the world’s...
Powell seen slowing Fed’s hikes after 75 basis points next week
Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second...
