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Auto Finance News
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Auto Finance Technology sponsored by InformedIQ

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Sonic-owned Northwest Motorsport shuts down 

Sonic Automotive-owned, used-car dealer group Northwest Motorsport closed its doors Jan. 23, citing market concerns. The

  • Amanda Harris
  • January 24, 2024

Future of auto finance tech: 2023’s revolutionary trends

Last year was a whirlwind in the enterprise tech world, specifically in auto finance, marked by

  • Jessica Gonzalez, Informed.IQ
  • January 24, 2024

UACC to focus on indirect business following Vroom e-comm closure

Despite Vroom winding down its e-commerce used-vehicle sales operations, the retailer’s captive United Auto Credit Corp.

  • Riley Wolfbauer
  • January 23, 2024

Dimmitt Auto prioritizes leasing as finance dips 

Dimmitt Automotive Group is shifting its focus to leasing as financing penetration dipped in 2023 and

  • Amanda Harris
  • January 23, 2024

Toyota chairman predicts battery electric cars will only reach 30% share

Toyota Motor Corp. Chairman Akio Toyoda believes battery electric vehicles will reach at most 30% market

  • Bloomberg News
  • January 23, 2024

Vroom, pressed for capital, shutters e-comm  

Vroom is discontinuing its e-commerce and used-vehicle dealership businesses as the retailer faces ongoing liquidity challenges.

  • Amanda Harris
  • January 22, 2024

Huntington chief technology and operations officer retires, and other staff moves …

Heller retires as chief technology and operations officer at Huntington Columbus, Ohio-based Huntington Bank announced the

  • Riley Wolfbauer
  • January 22, 2024

Podcast: ‘Weekly Wrap’ on mixed Q4 bank earnings 

Elevated interest rates contributed to a competitive landscape that prompted some banks to slow auto lending

  • Amanda Harris
  • January 22, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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