DriveTime’s used sales volume jumps 11% YoY through April
Retailers’ used-vehicle sales increased through April as affordability pressures led consumers to buy older, less expensive vehicles. Tempe Ariz.-based DriveTime’s ...
Retailers’ used-vehicle sales increased through April as affordability pressures led consumers to buy older, less expensive vehicles. Tempe Ariz.-based DriveTime’s ...
Harley-Davidson Financial Services’ originations increased in the first quarter as North American motorcycle sales rebounded, even as the captive lender’s ...
Banks held auto loan credit standards steady in the first quarter as demand weakened marginally. A “modest net share of banks” reported weaker demand for auto loans, according to ...
Subprime auto lenders are tightening credit standards as delinquencies rise, in part from delayed calls to repossess vehicles or slower ...
Challenging macroeconomic conditions could make it harder for some automotive companies to access funding in the near term, leading to potential defaults and bankruptcies. ...
The dealer is a key component that can impact lenders’ portfolio performance, notwithstanding the customer’s specific credit profile. This Off the Lot column will build on the ...
Rivian Automotive’s deliveries jumped in the first quarter alongside rising software and services revenue, as the company begins production of ...
PenFed Credit Union’s auto originations rose through the first quarter as the financier improved its capital and liquidity position. The lender’s auto loan ...