CarMax expands its customer reach with the launch of a ChatGPT app, marking the first such offering by a U.S. auto retailer ...

Chase Auto made leadership changes in February to shore up pricing and product management, among other industry staff moves ...

More subprime consumers financed cars in the fourth quarter of 2025 than in Q4 2024 despite rising monthly payments and ...

Consumer Portfolio Services has closed a private residual interest securitization worth $50 million.  The auto lender sold asset-backed notes ...

Octane has raised $100 million in a series F round as part of its effort to continue to shore up capital, further diversify funding channels ...

US retail sales declined in January, restrained by weakness at auto dealers as winter weather-related disruptions tempered some activity.

Auto asset-backed securitization loan performance is expected to remain weak in 2026 as consumers continue to face affordability concerns and lender underwriting strategies shift.

Backup servicer Vervent expanded its deal with delinquency management partner Quanta Credit Services to help service Tricolor ...

Vehicle sales dipped across several Federal Reserve bank districts and auto loan volume was mixed as customers continued to ...

Octane accelerated loan growth in 2025 as the fintech lender expanded dealer relationships, increased prime lending and pushed further into RV ...

Chase Auto on March 5 renewed its relationship with Maserati to provide financing for new, used and CPO vehicles in the United States.

Atop Wells Fargo & Co., Chief Executive Officer Charlie Scharf has achieved something that eluded the bank for at least 15 ...