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Volvo Car abandons sales-growth target due to slump in China

Volvo Car AB scrapped its target of selling more cars this year due to a sharper-than-expected

  • Bloomberg News
  • July 17, 2026

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan

  • Aidan Bush
  • July 16, 2026

F&I providers customize product offerings as affordability worsens 

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales

  • Amanda Harris
  • July 16, 2026

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to

  • Johnnie Martinez II
  • July 16, 2026

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though

  • C.J. Moore
  • July 16, 2026

Honda to halt sales of last EV in its US lineup

Honda Motor Co. is ending sales of its electric vehicles in the US, marking the latest

  • Bloomberg News
  • July 16, 2026

Despite funding, new tech, e-powersports faces uphill path

While electric powersports is moving from product launch to finance test and companies are showing some

  • Johnnie Martinez II
  • July 15, 2026

Auto loan approval rate rises to 73.8% in June

A key metric of auto loan approvals climbed to a record high in June, despite three

  • Aidan Bush
  • July 15, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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