EV sales rose in August for both new and used units as consumers continued to rush to dealerships and take advantage of the ...

Huntington Auto Finance is the latest entrant into the indirect powersports finance industry and has begun financing all-terrain vehicles (ATV), motorcycles, snowmobiles and personal watercrafts in ...

Used-vehicle inventory is shrinking for EVs and internal combustion engine cars as demand continues to rise. Used EV days’ supply was 34 days at the end of August while used ICE days’ supply was 40 ...

If lenders are the heart, dealers are the arteries through which the lifeblood of auto finance flows. They are driven by a simple incentive: to sell vehicles as efficiently as possible. Lenders that ...

AI-based auto lender Lendbuzz filed an initial public offering today as the company looks to increase capital markets access and ...

As two subprime lenders are pausing or shuttering business, lenders say the success gap between small- and large-scale lenders may ...

Subprime auto lenders that serve borrowers with no FICO scores are tightening underwriting standards and shifting strategies to prioritize loan performance, particularly amid growing uncertainty ...

KKR & Co. and Pacific Investment Management Co. have each agreed to purchase a stake in Harley-Davidson Financial Services and buy more than $5 billion in existing loan receivables, Harley-Davidson ...

Chase Auto has launched refinance as lenders look to capitalize on stabilizing rates and increased refi demand. The new offering, announced this week, allows consumers with an auto loan from any ...

AI-based auto lender Lendbuzz this week issued its first asset-backed securitization deal of 2025 as the financier looks to diversify its funding sources and prepare for continued origination growth.

Ford Credit President and Chief Executive Cathy O’Callaghan is eyeing technology improvements, affordability and profitable growth in 2025. As the captive finance arm of Ford Motor, Ford Credit has a ...

Two auto finance companies are for sale in the wake of Crescent Bank’s recent sale of its auto portfolio, although one of the sales might be sputtering, sources tell Auto Finance News. Sources say ...