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Sales & Marketing

Riley Wolfbauer

Sales & Marketing

Carvana website traffic declines 17% in November

byRiley Wolfbauer

September 18, 2024

Consumer interest in Carvana’s offering has declined as inflationary pressures...

A Carvana Vending Machine location in Novi, Michigan, U.S., on Wednesday, Nov. 3, 2021. Hertz Global Holdings Inc., fresh off a blockbuster order for 100,000 Teslas, reached an exclusive agreement to supply Uber drivers with electric vehicles and signed up Carvana Co. to dispose of rental cars it no longer wants.

Sales & Marketing

Carvana financing volume drops 24% in Oct.

byJoey Pizzolato

September 18, 2024

Financing volume at Carvana dropped for the sixth straight month...

OCCU Indirect Lending Sales Manager Rich Black join Auto Finance Risk Summit Speaker Faculty

Sales & Marketing

Ritchie Bros to buy auto retailer IAA in $6.2B deal

byBloomberg News

November 7, 2022

Canada’s Ritchie Bros. Auctioneers Inc. agreed to buy US auto...

General Motors Co. As Factory Cuts Fund Transition To Tech

Sales & Marketing

GM tops rival automakers in car sales as supply crunch eases

byBloomberg News

October 3, 2022

General Motors Co. made big sales gains in the second...

Automobiles on display inside a Mercedes-Benz AG showroom in Berlin, Germany, on Tuesday, Feb. 24, 2022. Mercedes-Benz expects profitability at its main cars division to slip this year as the German manufacturer sees more drag from supply-chain snarls and a surge in raw-material costs.

Sales & Marketing

Europe car sales return to growth after painful year of declines

byBloomberg News

September 16, 2022

Europe’s new-car market returned to growth in August for the...

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Ford’s top EV executive departs in sweeping reorganization

Ford Motor Co.’s top electric vehicle executive — whose arrival at the automaker was heralded as

Bank of America consumer vehicle net charge-offs tick down

Credit performance improved across Bank of America’s consumer vehicle lending portfolio in the first quarter as

US auto market softening, Fed reports

The U.S. auto market is softening, with demand weakening across multiple regions as affordability pressures mount,

Stellantis North American shipments rise 16.6%

Stellantis’ North American shipments are estimated to have risen 16.6% year over year in the first

Auto lender Canvas Credit Union taps AI-driven data to boost business

SAN DIEGO — Indirect auto lender Canvas Credit Union generated more than $1 million in deposits

Bayview Asset Management’s Prevolis to join Auto Finance Capital Summit

Auto Finance News is pleased to announce that Carlos Prevolis, managing director of consumer and small

BRP suspends fiscal 2027 guidance amid updated Section 232 tariffs

Powersports manufacturer BRP is withdrawing its fiscal 2027 guidance due to uncertainty over cost uncertainty created

CarMax Auto Finance originations down 1.5%

CarMax Auto Finance’s originations declined in the fourth quarter of fiscal 2026 as the retailer is

Credit Union Auto Lending Surges

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Federal Reserve announces emergency meeting on auto lending regulations • Click for details

MARKET SNAPSHOT

Sales & Marketing

Carvana website traffic declines 17% in November

Carvana financing volume drops 24% in Oct.

Ritchie Bros to buy auto retailer IAA in $6.2B deal

GM tops rival automakers in car sales as supply crunch eases

Europe car sales return to growth after painful year of declines

News Feed

Ford’s top EV executive departs in sweeping reorganization

Bank of America consumer vehicle net charge-offs tick down

US auto market softening, Fed reports

Stellantis North American shipments rise 16.6%

Auto lender Canvas Credit Union taps AI-driven data to boost business

Bayview Asset Management’s Prevolis to join Auto Finance Capital Summit

BRP suspends fiscal 2027 guidance amid updated Section 232 tariffs

CarMax Auto Finance originations down 1.5%

Credit Union Auto Lending Surges

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