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Bloomberg News
  • 11:03 am

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Used-vehicle values continue sequential dip

Used-vehicle values continued their downward slide in May as used-car retail sales held steady sequentially but

  • Amanda Harris
  • June 7, 2023

After retreating for more than a year, Citizens exits auto finance

Citizens Financial Group is the latest bank to exit indirect auto lending following four quarters of

  • Joey Pizzolato
  • June 7, 2023

CFPB highlights AI-driven chatbot risks for FIs

Financial institutions must consider the efficiencies and limitations of artificial intelligence when deploying chatbots as client

  • Whitney McDonald
  • June 7, 2023

Fed: Auto sales mixed across regions as confidence wanes

Dampening consumer confidence and high interest rates continued to put pressure on auto sales on a

  • Riley Wolfbauer
  • June 6, 2023

Dealer floorplan interest income falls 67% YoY

Dealers’ profitability declined in the first quarter as floorplan interest rates climbed and inventory improved, but

  • Amanda Harris
  • June 6, 2023

THOR incentives increase 28% YoY

Recreational vehicle manufacturer THOR Industries continued to increase incentives in the third quarter of 2023 as

  • Johnnie Martinez II
  • June 6, 2023

May auto sales increase for 10th month on pent-up demand

May marked a bright spot for auto manufacturers as sales jumped amid increasing supply and incentive

  • Joey Pizzolato
  • June 5, 2023

RV dealership consolidation shifting toward buyer’s market

As RV dealership consolidation remains at an all-time high, the market is softening and becoming more

  • Johnnie Martinez II
  • June 5, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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