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Carvana preps third subprime auto ABS deal of 2023

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AutoNation captive pulls out of independent dealerships

AutoNation Finance, formally CIG Financial, has ceased accepting applications from some independent dealerships as the financier

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Wholesale used-vehicle prices rose sequentially for the first time since March, halting the slide in values

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Canadian powersports manufacturer Bombardier Recreational Products’ retail sales grew in the second quarter of its fiscal

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Cerberus-owned used-car dealer files for Chapter 11 bankruptcy

Off Lease Only, a used-car dealer majority owned by Cerberus Capital Management LP, has filed bankruptcy

  • Bloomberg News
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Floorplan shuffle: Lenders bolster portfolios amid market opportunity

Floorplan financing is growing for some lenders even as others step back amid elevated interest rates

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F&I profits, acquisition lending dip amid cash purchases

Elevated interest rates are prompting consumers to purchase vehicles in cash, contributing to a dip in

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Podcast: ‘On the Job’ with FreedomRoad Financial EVP and Managing Director Tom Collins

People say following a passion leads to career success, but not many actually follow that passion.

  • Riley Wolfbauer
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Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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