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Fed rate hold offers some certainty on benchmark rates as ABS spreads widen (Big Wheels)

The Federal Reserve’s Oct. 28 decision to hold benchmark rates steady at 3.75% to 4% gives

  • C.J. Moore
  • October 29, 2026

Carvana originations rise 50.9% 

Carvana‘s sales and originations volumes increased in the third quarter as the retailer lowered interest rates

  • Amanda Harris
  • October 29, 2026

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto

  • C.J. Moore
  • October 28, 2026

BHPH retailers struggle to secure the cheaper vehicles that drive their sales

In May, Ryan Jones was saddled with undesirable inventory acquired through repossessions. By September, those vehicles

  • Aidan Bush
  • October 28, 2026

New York-based VIP Automotive Group accelerates AI adoption 

Ben Sporn starts each workday by ensuring AI programs, scripts, commands and agents at VIP Automotive

  • Amanda Harris
  • October 28, 2026

Group 1 Automotive’s F&I revenue drops 10.4% in US

Retailer Group 1 Automotive’s finance and insurance revenue declined alongside dips in new- and used-vehicle sales

  • Aidan Bush
  • October 28, 2026

Fed holds rates, says more data will help next decision

Federal Reserve officials left interest rates unchanged and reiterated their commitment to containing inflation without offering

  • Bloomberg News
  • October 28, 2026

Stellantis CEO says quality ‘war rooms,’ cuts are paying off

Stellantis NV Chief Executive Officer Antonio Filosa says the roughly 80 “war rooms” he’s set up

  • Bloomberg News
  • October 28, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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