Lucid lays off 12% of US workforce amid EV market pressure
Lucid Motors is laying off 12% of its U.S. workforce as the EV maker looks to improve its financial position amid market uncertainty. Lucid is streamlining operations to improve ...
Lucid Motors is laying off 12% of its U.S. workforce as the EV maker looks to improve its financial position amid market uncertainty. Lucid is streamlining operations to improve ...
Finance and insurance providers expect a patchwork of state-led data and price transparency regulations in 2026 following the shifting priorities ...
Upstart Holdings has sold Upstart Auto assets and established its inaugural forward-flow agreement for auto lending following growth of its auto portfolio. The fintech on Feb. 20 announced the sale of $333 million ...
Auto refinance fintech Auto Refi Mart has shuttered operations after its lender reportedly went out of business. The fintech, formed in December 2023, closed its doors in ...
President Donald Trump rushed to salvage his signature tariffs after the Supreme Court struck down his global duties, pledging he ...
Auto lenders and dealerships are adding multilayered prevention tools and closing deals with third-party vendors to fight a surge of ...
Delinquencies across subprime securitized auto loans reached a record high in December 2025, as consumers faced affordability challenges. The ...
Carvana’s originations rose in the fourth quarter as sales climbed and finance and insurance revenue increased. Originations landed at $3.6 billion in Q4, up 59.2% year over ...