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Keeping LTVs tight to avoid negative dynamic for consumers
The combination of ongoing inventory constraints and historic inflation has sent vehicle values soaring, causing automotive lenders to closely monitor...
January RV values inch up in preparation for spring bounce
Recreational vehicle (RV) values are trending upward as the weather improves and dealers prepare for a spring influx of buyers...
Ford reorganizes to run EV and engine businesses separately
Ford Motor Co. will separate its fast-growing electric vehicle operations from its legacy combustion engine business in a historic reorganization...
Lucid Motors cuts production guidance, increases capital expenditures
Luxury electric vehicle manufacturer Lucid Motors has cut its production guidance for 2022 as more reservations roll in, citing supply...
Vroom sees 92% YoY increase in e-commerce units sold in Q4
Vroom benefited from improving used-vehicle inventory, continued strong demand and brand recognition during the fourth quarter of 2021 as the...
NMAC aims for remote transactions to account for 10% of volume in 2022
In line with Nissan Motor America Company’s (NMAC) 2022 goal of increasing e-contract adoption at dealerships, one Texas dealership is...
Stellantis targets double-digit margins in costly EV shift
Stellantis NV set a goal to maintain double-digit returns through the end of the decade by cutting costs and deriving...
Carvana originations slow QoQ as the retailer ‘hedges’ against future rate increases
Origination growth at Carvana slowed in the fourth quarter amid logistic network constraints as the retailer began hedging against future...
