GM appoints Turovsky as first chief AI officer
Barak Turovsky, GM Barak Turovsky has joined General Motors as its first chief AI officer, according to a post shared...
Auto outstandings up 0.9% in Q4 (Big Wheels)
Auto outstandings industrywide inched up year over year but were largely unchanged quarter over quarter in Q4. Motor vehicle loan...
RumbleOn F&I down 17.2%
Powersports retailer RumbleOn’s finance and insurance revenue fell year over year in the fourth quarter amid lower retail sales in...
Manheim used vehicle values up 0.1%
Wholesale used-vehicle values were largely unchanged year over year as retail sales jumped in February but at a slower pace...
Inside Agora Data’s new ‘capless’ forward-flow deal
Consumer fintech Agora Data has established an evergreen forward-flow deal with powersports lender Model Finance Company following a Feb. 25...
Thor incentives rise 2.7%
Thor Industries increased its promotional and rebate liabilities year over year in the second quarter of fiscal 2025 as the...
Octane reaches $150M whole loan deal with Nuveen
Powersports lender Octane Lending has broadened its pool of capital providers through a whole loan sale with Nuveen, the investment...
Motorhome values climb 18.3%
Motorhome and towable values were mixed year over year in January as dealers’ used-inventory acquisitions remained muted. Average motorhome values...
