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Bloomberg News
  • 2:54 pm

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Fed holds rates steady, three officials dissent favoring a hike

Federal Reserve officials left interest rates unchanged, but a fractured vote signaled growing conviction among some

  • Bloomberg News
  • July 29, 2026

The hidden cost of building your own AI in auto lending

A decade ago, most lenders looking at document automation reached the same conclusion: Optical character recognition

  • Jessica Gonzalez, Informed.IQ
  • July 29, 2026

July auto incentive spend to jump 8.1% post-tariffs, EV credit removal

Automakers are spending more year over year on incentives this month to grow sales ahead of

  • Aidan Bush
  • July 28, 2026

GM Financial forecasts lower public debt issuance in 2026

GM Financial expects its public debt issuance will decline year over year in 2026, though captive

  • C.J. Moore
  • July 28, 2026

Rizz Lending originations rise as luxury buyers become more selective 

Rizz Lending‘s originations and average amount financed increased on the heels of securing millions in additional

  • Amanda Harris
  • July 28, 2026

Polaris’ financial services income declines amid interest rate pressure

Powersports OEM Polaris‘ income from financial services declined in the second quarter as higher borrowing costs

  • Johnnie Martinez II
  • July 28, 2026

First-half fintech infusions up 14% YoY (Under the Hood) 

Investors pumped $1.6 billion into auto fintechs through June, a 14% year-over-year increase. In all, 15

  • Marcie Belles
  • July 28, 2026

Horsepower’s Middendorf to join Powersports Finance Summit

Powersports Finance News is pleased to announce that Laura Middendorf, chief financial officer at Horsepower Financial

  • Johnnie Martinez II
  • July 28, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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