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Carvana to cut 1,500 jobs as online auto dealer’s troubles mount

Carvana Co. said it will eliminate about 1,500 jobs, adding to the growing list of layoffs

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Ally, Ford Credit name new CFOs, and other staff moves

Ally CFO LaClair steps down Jennifer LaClair stepped down as Ally’s chief financial officer after nearly

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Carvana holders gird for worst with credit risk, losses mounting

It took Carvana Co. just a few years to grow from a startup to the second-biggest

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Octane launches EV financing 

Powersports lender Octane is expanding into electric vehicle (EV) financing through a fresh partnership with electric

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Automakers brace for GOP-led house to try to erode EV incentives

Automakers have long relied on incentives to bolster the electric-vehicle market. With Republicans now set to

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30% of repo agencies shut down due to unprofitability 

SAN DIEGO — Repossession volume is expected to increase in the coming year, a challenge exacerbated

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F&I revenue surges across the board in Q3

Finance and insurance (F&I) revenue jumped up on a year-over-year basis at each of the major

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  • November 16, 2022

Huntington leverages location data to improve repo recovery rates  

SAN DIEGO — Lenders looking to drive recovery rates and keep costs down should provide accurate

  • Riley Wolfbauer
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Credit Union Auto Lending Surges

David Thompson

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