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New-vehicle inventory reaches highest level since May 2021

New-vehicle days’ supply in October climbed to the highest level since May 2021, while used-vehicle inventory

Lendbuzz expands credit availability with JPMorgan

Artificial intelligence (AI)-based auto finance startup Lendbuzz is unlikely to issue in the capital markets for

Carvana stock rout hits 97% this year with used-car prices crumble

Online car dealer Carvana Co.’s shares tumbled to an all-time low as investors grow more concerned

Listen: Weekly Wrap discussion on retailers, EVs

Each of the major automotive retailers recorded year-over-year increases in finance and insurance (F&I) revenue in

Powersports values continue downward trajectory 

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Autonomy looks to launch insurance captive model

Electric vehicle (EV) subscription service Autonomy is aiming to launch an insurance captive model by the

CFPB keen on creating new auto lending data set

The Consumer Financial Protection Bureau (CFPB) is looking to build a new auto lending data set

EV finance startup Tenet secures $10M facility

Electric vehicle (EV) lender startup Tenet is looking to increase origination volume and expand into EV

Credit Union Auto Lending Surges

David Thompson

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