Expiration of federal tax credits for new and used electric vehicles could contribute to price volatility, hurting recoveries ...
Tricolor’s sudden slide into Chapter 7 bankruptcy forced backup servicer Vervent to take on additional operational tasks on ...
Lenders are investing in tools to mitigate double-pledging of assets and credit washing in light of an uptick in fraud. Auto financiers ...
Auto stocks climbed during the holiday week but were down on the first trading day after Black Friday. The Big Wheels Stock ...
AI-assisted fraud rings are contributing to a rise in losses at financial institutions such as credit unions. Fraud losses reported by consumers in the United States rose 25% year over year in 2024 to ...
Bankrupt subprime retailer Tricolor’s 10,000 remaining vehicles may be sold by March 2026 if trustee Anne Burns’ motion is approved.
Auto manufacturers are offering low APR options and cash-back incentives for Black Friday 2025 as rates decline.
Judge Michelle Larson in a court hearing today delayed a relief from stay motion by Dallas-based lender TBK Bank that would ...
The nation’s largest city is gearing up for an in-school banking program to enhance financial literacy for its 1 million ...
Early-stage delinquencies rose across prime and nonprime securitized auto loans in October, while net losses improved.
The auto finance industry has experienced diverse challenges this year including turbulent sales, shifting consumer demands, ...
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