Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales and some layoffs. CarMax...
Lender Prestige Financial Services reportedly laid off several employees in early November, according to posts from former employees. The Draper,...
Auto lenders are tightening their risk parameters, a dynamic that could slow down sales for some market segments and contribute...
CarMax is searching for a new chief executive on the heels of decreased sales, wholesale business depreciation and a focus...
The growth rate of auto delinquencies slowed in the third quarter, while credit performance at banks may signal risk moving...
With consumer confidence dragging and cash-strapped shoppers expected to reel in holiday spending, an auto loan with a savings component...
Auto lenders are homing in on key areas of underwriting to manage risk and grow in 2026 as the subprime...
Subprime auto lender Tricolor Holdings reached agreements with several landlords and an equipment financier in a preliminary hearing today. The...