Wildfires are contributing to a spike in auto insurance rates in California and payment deferral options from auto lenders.
Powersports lender ThunderRoad Financial is eyeing multiple forward-flow agreements in 2025 amid larger efforts to revamp its ...
The Manheim Used Vehicle Value Index landed at 204.8 in December, up 0.4% YoY but down 0.3% month over month, according to ...
Nissan Motor Acceptance Co. this year plans to complete the integration of a new loan and lease receivables system ...
Ally Financial will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business ...
Auto outstandings are forecasted to gradually tick up after the first quarter of 2025 after remaining flat at the end of 2024 ...
Credit performance across securitized prime and nonprime auto loans weakened at the end of 2024 as loans originated in 2022 ...
Declining used-vehicle prices contributed to a rise in the volume of 1- to 5-year-old models priced below $20,000 at the end ...
Sales were strong from nearly every auto manufacturer in the fourth quarter, driving up yearend sales numbers.
The Exponential Used Vehicle Index hit 134.73 as of Dec. 28, 0.1% higher than December 2023 and down 1.3% sequentially.
The past year has largely been defined by persistent affordability concerns even as vehicle prices stabilize and interest rates come down ...
Carvana has reestablished an agreement with Ally Financial to sell the lender up to $4 billion in used-vehicle loan ...