Arra Finance is emphasizing speed and strong dealer relationships as it pursues significant growth in the subprime lending ...
Auto outstandings industrywide inched up year over year but were largely unchanged quarter over quarter in Q4.
Financial companies were rarely shy about their issues with the Consumer Financial Protection Bureau. But a largely shuttered ...
Auto lenders are tapping diverse funding sources to establish a capital base that supports origination growth and long-term relationships ...
Tariff uncertainty continues to disrupt the auto industry; companies increasingly rely on AI for innovation and efficiency.
Ally Financial is undergoing a multiyear restructuring initiative as it looks to reduce headcount, streamline operations and ...
Ally Financial's multiyear restructuring initiative reduced headcount, streamlined operations and implemented new technology.
Vroom subsidiary United Auto Credit Corp.’s originations declined in the fourth quarter while liquidity improved as the ...
With new leadership in place, RumbleOn has outlined a heightened focus on reducing costs, maintaining appropriate inventory ...
It’s dark outside and you are browsing available vehicles in your area from your phone as you plan your next purchase. Though ...
An influx of available capital has contributed to tighter spreads and increased lender liquidity, leading to some having excess funds at their disposal.
US consumers expect higher inflation in the near term and are growing more pessimistic about their finances, according to the ...
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