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

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

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

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

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

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

Tesla’s lease penetration dropped in the first quarter despite increased deliveries and production compared to a year prior.

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 ...

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

Capital One’s auto originations rose in the first quarter while credit performance was largely stable, but provisions for losses increased.

Several lenders that typically issue one auto asset-backed securitization deal per year came to market in the past ...