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Vroom’s Shortt to lean into advanced analytics, AI in United Auto Credit revamp  

Incoming Vroom Chief Executive Tom Shortt has big plans for financier United Auto Credit as he

  • Joey Pizzolato
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E-contracting origination volume increases 21% YoY

Digitally originated auto loan contract volumes increased 21% across the industry during the fourth quarter as

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Podcast: ‘Weekly Wrap’ on aftermarket compliance, EVs 

Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry

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Li Auto posts first yearly profit but sees challenges ahead

Li Auto Inc. swung to a profit last year after deep discounting to fend off rising

  • Bloomberg News
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Carvana originations nearly flat as credit tightens 

Used-vehicle retailer Carvana’s loan originations ticked down in the fourth quarter following months of credit tightening

  • Amanda Harris
  • February 23, 2024

PNC Financial appoints new president and other staff moves

PNC Financial appoints Lyons president Pittsburgh-based PNC Financial Services Group has named Michael P. Lyons president

  • Riley Wolfbauer
  • February 23, 2024

Rivian, Lucid eye finance growth 

EV manufacturers Rivian Automotive and Lucid Motors are expanding the scope of their finance arms as

  • Amanda Harris
  • February 22, 2024

Arivo CEO prioritizes AI, looks to boost efficiency 30%

Subprime lender Arivo Acceptance Chief Executive Landon Starr will continue to embrace technology while making structural

  • Riley Wolfbauer
  • February 22, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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