Weekly Wrap: CarMax reaps the benefits of lower cost of funds, investment in auto finance ramps
The auto finance industry has in many ways benefited from a combination of lower funding costs and pricier cars, but ...
The auto finance industry has in many ways benefited from a combination of lower funding costs and pricier cars, but ...
CarMax Auto Finance experienced the “largest single origination quarter” in the lender’s history in the first quarter of fiscal year ...
Ford Motor Co. has switched gears on a previously dour financial outlook, saying it now expects stronger second-quarter results thanks ...
Nicholas Financial’s increased focus on direct-to-consumer lending has continued to pay off, with the lender posting year-over-year growth for the ...
Auto loan outstandings reached new heights in 2020, despite the pandemic suppressing vehicle sales, but not all lenders reaped equal ...
RumbleOn has eliminated direct-to-consumer powersports sales in favor of a dealer-driven sales structure. RumbleOn will now prioritize business through Dealer ...
Online car retailer Carvana is expanding the company’s revolving credit facility on the heels of climbing gross profit per unit ...
Rebounding origination volumes, improving recovery rates and strong credit performance have defined the auto finance industry’s first quarter of 2021 ...