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Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry to increasingly turn to...
Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the...
Toronto-based non-prime lender Axis Auto Finance is eyeing a potential merger or sale of the company. Axis formed a “special...
Volkswagen, Renault and Stellantis are thinking the unthinkable, exploring tie-ups with sworn competitors to make cheaper electric vehicles and fend off existential threats....
Elevated vehicle prices have continued to put pressure on used-vehicle loan-to-value ratios. LTVs for used vehicles remained high in the...
Carmakers have begun compensating leasing companies for the sliding value of used electric cars as Tesla Inc.’s price cuts rip...
Auto lenders are likely to further tighten underwriting criteria in the coming months as the rate of new auto loan...
While affordability improved in January, credit availability worsened as lenders tightened credit standards and approval rates declined. Credit access decreased...
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