Wells Fargo Auto originations jump 70% YoY in Q3, set new record
Wells Fargo Auto again posted record origination volume with third-quarter originations jumping 70.4% year over year to $9.2 billion. Origination ...
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Weekly Wrap: Q3 earnings predictions
Last week, new September data points in unemployment, used-vehicle values and new-vehicle sales painted a less-than-optimistic picture of what’s to ...
Lower inventory, new strategies: Dealers adapt post-COVID
New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...
Weekly Wrap: Eyeing vehicle values, funding and digital adoption
The auto finance industry this week saw falling used-vehicle values, new funding and further adoption of digital tools. The Manheim ...
Synchrony and Rollick expand incentives partnership
Powersports lender Synchrony Financial and powersports marketplace provider Rollick have expanded their incentive-driven financing program nationally since it kicked off ...
Dealers ‘all-in’ on massive EV shift, NADA says
PLANO, TEXAS — Auto dealers are “all-in” on preparing for electric vehicles (EV) to potentially make up 40% to 50% ...
Weekly Wrap: Tight supply brings new norms in automotive and powersports industries
Pandemic-related inventory constraints continue to force automotive and powersports OEMs, dealers, lenders and consumers to adapt, with some OEMs, such ...
Lower inventory, new strategies: Dealers adapt post-COVID
New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...
