Ford, General Motors and Stellantis stocks dropped in premarket trading and proceeded to fall throughout the day.
Subprime auto lenders that serve borrowers with no FICO scores are tightening underwriting standards and shifting strategies ...
Grasshopper Bank has completed its acquisition of Auto Club Trust FSB, which brings the merged entity’s asset size to $1.4 ...
Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars are already reverberating around the ...
Automakers including General Motors Co. and Hyundai Motor Co. reported higher US auto sales as the threat of price hikes from ...
The auto finance industry is navigating a landscape marked by rising delinquencies, escalating fraud and evolving consumer ...
Nonprime auto asset-backed securitization issuance surpassed last year’s volume year to date even as total issuance trailed year over year.
Subprime lenders looking to regain momentum in 2025 are expressing measured optimism as they navigate consumer stress and ...
Vehicle sales climbed for nearly every automaker in the first quarter as looming tariffs drove a March sales surge.
Credit Acceptance Corp. is eyeing growth through improving products, enhancing dealer and customer experiences and ...
The fourth quarter highlighted still-elevated auto delinquencies, growing lease share and competitive market conditions.
Nikola founder Trevor Milton, who was convicted of fraud related to the electric-truck maker’s financial progress, was ...
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