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RumbleOn completes sale of finance portfolio in Q1

Powersports retailer RumbleOn’s sale of the RumbleOn Finance portfolio for $17 million in January allowed the

Navy Federal developing omnichannel platform 

Navy Federal Credit Union is developing an omnichannel lending platform as credit unions and captives prioritize

FreedomRoad Financial logs decline in credit app quality

Powersports lender FreedomRoad Financial has seen a deterioration in application quality through the beginning of the

Octane anticipates $1.5B in originations in 2024

Powersports lender Octane Lending is projecting a 25% year-over-year increase in originations in 2024 after originations

American Honda remarketing executive to present on used-vehicle financing at AFS East

American Honda Motor Co.’s Director of Auto Remarketing and Fleet Operations David Rodriguez is set to

CFPB’s auto finance data initiative could cost lenders millions

The Consumer Financial Protection Bureau is proposing a new annual data collection initiative that, if approved,

EV maker Workhorse seeks funding, cuts 20% of staff 

Commercial electric truck manufacturer Workhorse has cut 20% of its staff and is working to shore

US core inflation tops forecasts again, reinforcing Fed caution

Underlying US inflation topped forecasts for a second month in February as prices jumped for used

Credit Union Auto Lending Surges

David Thompson

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