Tag: Premium

Pagaya Technologies’ auto volume climbed to a record high in the first quarter as it further diversified its funding levers and expanded auto credit parameters.  The fintech’s ...

Sonic Automotive expanding its footprint in the powersports sector through the acquisition of five Harley-Davidson dealerships.  The Charlotte, N.C.-based retailer acquired Harley-Davidson stores in ...

Used-vehicle values rose in April as tax refunds supported sales and prices followed seasonal patterns.  The Manheim Used Vehicle Value Index increased 1.8% ...

AI-based fintech Upstart’s auto originations surged year over year in the first quarter, driven largely by growth in retail lending.  Auto originations totaled $263 million, up ...

Consumer Portfolio Services’ originations increased in the first quarter on the heels of expansion efforts over the past 18 months.  Consumer Portfolio Services’ (CPS) purchased contracts ...

Subprime lender Credit Acceptance Corp.’s originations declined and collection performance weakened in the first quarter, though the financier gained active ...

Lucid Group Inc. shares slid after the electric-vehicle maker suspended full-year production guidance while its new chief executive officer works ...

Auto Financial Group added four credit unions to its residual-based financing program in the first quarter as affordability challenges persist.  ...