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 ...

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 ...

Dow Jones Transportation Average, which weighs members by their share price rather than market value, was dragged down by ...

Banks are detailing their private credit exposure to boost transparency amid questions from investors. Executives from ...

With rising vehicle prices and a shift toward longer loan terms, more customers are saddled with higher negative equity.

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 ...

Huntington Bank’s auto originations ticked down in the first quarter as credit performance weakened in line with industry ...

Synchrony is leaning more on AI to enhance credit decisioning in its auto portfolio as improving credit performance creates ...