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Car dealers reel from cyberattack on $1.2 trillion market

A dealership in Phoenix is handwriting paper contracts and gauging creditworthiness with guesswork. . A Jeep

Dealers find financing workarounds amid CDK cyberattack 

Some auto dealerships were affected more than others after a cyberattack struck dealer software provider CDK

Chase Auto no longer financing Fisker vehicles, sales halted 

Chase Auto is no longer financing Fisker vehicles and dealerships have been forced to pause Fisker

Powersports approval rates decline

Loan approval rates are down across the powersports sector despite higher origination volumes as affordability concerns

2024 PowerSports Finance Summit agenda, call for speakers live 

The 2024 PowerSports Finance Summit will be held Oct. 9-10 at the Wynn Las Vegas and

CDK tells car dealers their systems likely offline several days

Auto retailers across the US are likely to be out of service for days following a

Bank of America predicts national EV penetration at 25% by 2027 

Bank of America estimates that EV sales penetration will slowly build over the next three years

Big Wheels: $91.2B in auto ABS volume outpaces 2023 

Auto asset-backed securitization volume is steadily climbing as weekly reports through the first half of 2024

Credit Union Auto Lending Surges

David Thompson

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