Service contracts, guaranteed asset protection (GAP) coverage and other ancillary products are key drivers of finance and insurance revenue and gross profit for dealerships. However, affordability ...
Elon Musk-led Tesla sold 1.79 million vehicles last year, slightly less than what it delivered in 2023 and below analysts’ ...
Auto Finance News’ five most read stories in 2024 span affordability challenges, regulatory oversight and technology ...
President-elect Donald Trump’s threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed ...
Carvana was accused by short-seller Hindenburg Research of impropriety in a report alleging that the subprime loan portfolio ...
Powersports lender Octane Lending is expecting double-digit origination growth in its RV and marine segments in 2025.
JPMorgan has reiterated its stance on Carvana following a report from short-seller Hindenburg that raised concerns on the ...
Initial applications for US unemployment capped 2024 at an eight-month low, reflecting relatively muted levels of job cuts.
Auto loan rates on new and used vehicles fell year over year in December following the third consecutive rate cut from the ...
Gravity Lending’s auto refinance applications and approvals have grown year over year, driven by declining interest rates and the resurgence ...
Wildfires impacting large areas of California are contributing to higher auto insurance costs in the state and more deferral ...
A new category in the Consumer Financial Protection Bureau’s complaint database generated 3,000 grievances, 23% related to ...