More middle-income consumers are opting for newer, used vehicles as the gap grows between lower- and higher-income households. The economy has shifted from a “K-shape” to an “E-shape,” defined ...
Powersports retailer RideNow Group’s finance and insurance revenue rose in the first quarter as same-store revenue, gross profit and unit volume increased, extending ...
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% ...
CarMax Auto Finance’s originations declined in the fourth quarter of fiscal 2026 as the retailer is eyeing improving performance under new leadership. The retailer’s net loans originated tallied $1.9 ...
Since the realization that the post-pandemic portfolios, originated in 2022 and 2023, were going to underperform nearly industrywide, there have ...
AI-driven auto lender Lendbuzz is projecting a rise in originations in 2026 as it expands its near-prime consumer base and leans on alternative ...
New identification restrictions for vehicle registrations in Texas took effect March 5 amid continued concerns from dealers and lenders. Tighter residency requirements for vehicle registrations are ...
“Hope springs eternal” is an expression that is nearly synonymous with each new year. However, another adage is that hope is not a strategy. There are many ...
