Tag: Under the Hood

Nicholas Financial is walking back expansion plans as it struggles to regain profitability.   The 38-year-old lender has become a shadow ...

Auto finance company stocks took a beating in 2020, but they were pummeled even further in 2022.  Fears of a ...

Venture capitalists pumped $1.2 billion into auto fintechs in 2022, but that investment volume amounted to only half of the ...

In the subprime auto industry’s infancy back in 1992, Arizona businessman Ernest Garcia II formed Ugly Duckling from two car ...

Electric vehicle incentives are on the rise, but a hastened rate of EV adoption might upend vehicle values in the ...

Vehicle starter-interrupt devices may be headed for the chopping block if regulators have their way.  In its “Supervisory Highlights” report ...

Financiers are refreshing their product pipelines as leasing’s popularity has taken a hit. The one-two punch of increased car prices ...

New York regulators continue to crack down on lenders for unintentional fair lending violations. The most recent target was Poughkeepsie-based ...