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Bloomberg News
  • 3:00 pm

Auto Finance Technology sponsored by InformedIQ

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Lucid Motors cuts production guidance, increases capital expenditures

Luxury electric vehicle manufacturer Lucid Motors has cut its production guidance for 2022 as more reservations

  • Joey Pizzolato
  • March 1, 2022

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

  • Amanda Harris
  • March 1, 2022

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,

  • Whitney McDonald
  • March 1, 2022

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

  • Bloomberg News
  • March 1, 2022

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

  • Joey Pizzolato
  • February 28, 2022

Open Lending adds 71 financial institutions in 2021, certs jump 82% YoY in Q4

Automation fintech Open Lending continues to attract financial institutions to its platform as lenders look to

  • Amanda Harris
  • February 28, 2022

Listen: Weekly Wrap on the state of subprime and rental markets

In a market defined by elevated used-vehicle values and limited new- and used-inventory, both subprime lenders

  • Whitney McDonald
  • February 28, 2022

OCCU Indirect Lending Sales Manager Rich Black join Auto Finance Risk Summit Speaker Faculty

Oregon Community Credit Union (OCCU) indirect lending sales manager Rich Black has joined the speaker faculty

  • Whitney McDonald
  • February 28, 2022

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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