HorsePower Financial Services has extended its credit facility with Pier Asset Management as it looks to broaden powersports ...

Shares of Western Funding, an indirect auto lender and subsidiary of Westlake Technology Holdings, will begin trading on the ...

A gauge of US transportation stocks recorded its worst two-day stretch since last spring’s tariff selloff. The Dow Jones Transportation Average, which weighs members by their share price rather than ...

Auto lenders are facing higher losses tied to lease terminations, especially as EVs come off lease with lower-than-expected residual values.

Bank of America’s auto originations dipped in the first quarter as it continues to prioritize higher-quality ...

Banks are detailing their private credit exposure to boost transparency amid questions from investors. Executives from national and regional banks faced questions during first-quarter earnings calls ...

With rising vehicle prices and a shift toward longer loan terms, more customers are saddled with higher negative equity. As new-vehicle prices increase and interest rates stay high, the average auto ...

Cox Automotive has agreed to acquire Fullpath, an AI-powered customer data platform and marketing automation provider, ...

Navy Federal Credit Union recently lowered auto interest rates as consumers grapple with a higher total cost of vehicle ownership ...