Tag: auto sales

U.S. auto manufacturers reported lower sales in the first quarter as the industry reckons with skewed yearly comparisons on the heels of a tariff-fueled pull ahead in 2025.  Mazda North ...

PNC Financial decreased its allowance for auto loan losses in the fourth quarter as the lender’s auto portfolio grew in 2025 amid strength in the U.S. auto ...

Auto dealers are expecting a strong tax season to spur a sales jolt early this year, but lenders and dealers are split on their full-year outlook amid rising vehicle prices and macroeconomic challenges facing consumers.   Other factors that market participants are monitoring include how fluctuating interest rates and unemployment will affect consumer ...

Electric vehicle sales plummeted in November as consumers pulled back spending in the wake of fewer EV-specific incentives.   Ford Motor’s ...

Holiday incentives boosted sales at dealerships, but affordability concerns and lower approvals challenged some market segments.  Leading up to Black ...

Last week brought more shakeups in the auto finance industry as lender Flagship Credit Acceptance announced it was finalizing a ...

The compliance industry continues to face headwinds as funding for the Consumer Financial Protection Bureau is in jeopardy after the ...

A federal investigation into subprime auto lender Tricolor Holdings was confirmed as court proceedings began last week.   In a ...