Los Angeles-based electric powerboat maker Arc Boat Company has raised $50M to finance its expansion into commercial and ...
CarMax Auto Finance’s loss and delinquency rates were mixed in February as consumers began to receive their tax refunds.
Across more than 12 million loan originations and 2 billion data points, customer interviews are declining in effectiveness ...
The potential sale of Exeter Finance highlights the impediment that private equity ownership can pose to financial ...
Solifi has developed an AI solution that will significantly reduce the time that auto and equipment lenders spend reviewing ...
Recovery agencies are becoming more competitive even with an elevated rate of repossessions as consumers face economic headwinds.
Used-vehicle values rose during the first quarter, after declining at the end of 2025, due to strong seasonality amid tax ...
AI adoption, shifting EV strategies and competition are creating an opportunity for private-label financing, Chase Auto exec ...
Federal Reserve officials left interest rates unchanged and continued to expect one rate cut this year as they acknowledged ...
Auto lenders are offering competitive interest rates and shifting their lending strategies to help customers even as vehicle ...
Auto asset-backed securitization investors are cautious as the Iran war continues to fuel uncertainty in financial markets, but issuers ...
Warburg Pincus is in the early stages of weighing a sale of subprime auto lender Exeter Finance that could fetch $2.5 billion ...