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OneMain Financial acquires Foursight Capital

Subprime consumer financier OneMain Financial completed its acquisition of subprime auto lender Foursight Capital on April

Rivian beats EV production estimates with shipments rebounding

Rivian Automotive Inc. built and delivered more electric vehicles last quarter than Wall Street expected, giving

Securitization trusts subject to CFPB oversight

The United States 3rd Circuit Court of Appeals late last month upheld a lower court’s ruling

Podcast: ‘Weekly Wrap’ discussion on sales, incentives 

The return of higher supply levels is contributing to an uptick in incentives and increased new-vehicle

Tesla has Wall Street worried about how many cars it just sold

Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and

Analysts question if new-car sales pace can hold up

Estimates on new-vehicle sales in March varied but all pointed toward year-over-year growth as inventory rebuilds

Fed’s preferred inflation metric cools while spending rebounds

The Federal Reserve’s preferred gauge of underlying inflation cooled last month while household spending rebounded. The

BRP North American sales dip 10% 

Slower snowmobile and personal watercraft sales contributed to a 10% year-over-year decline in Canadian powersports manufacturer

Credit Union Auto Lending Surges

David Thompson

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