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News Feed

Car dealers reel from cyberattack on $1.2 trillion market

A dealership in Phoenix is handwriting paper contracts and gauging creditworthiness with guesswork. . A Jeep

  • Bloomberg News
  • June 21, 2024

Dealers find financing workarounds amid CDK cyberattack 

Some auto dealerships were affected more than others after a cyberattack struck dealer software provider CDK

  • James Van Bramer
  • June 20, 2024

Chase Auto no longer financing Fisker vehicles, sales halted 

Chase Auto is no longer financing Fisker vehicles and dealerships have been forced to pause Fisker

  • Amanda Harris
  • June 20, 2024

Powersports approval rates decline

Loan approval rates are down across the powersports sector despite higher origination volumes as affordability concerns

  • Ash Savage
  • June 20, 2024

2024 PowerSports Finance Summit agenda, call for speakers live 

The 2024 PowerSports Finance Summit will be held Oct. 9-10 at the Wynn Las Vegas and

  • Ash Savage
  • June 20, 2024

CDK tells car dealers their systems likely offline several days

Auto retailers across the US are likely to be out of service for days following a

  • Bloomberg News
  • June 20, 2024

Bank of America predicts national EV penetration at 25% by 2027 

Bank of America estimates that EV sales penetration will slowly build over the next three years

  • Amanda Harris
  • June 18, 2024

Big Wheels: $91.2B in auto ABS volume outpaces 2023 

Auto asset-backed securitization volume is steadily climbing as weekly reports through the first half of 2024

  • Ash Savage
  • June 18, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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