Powersports sales slip 4.6% year over year
The powersports market was challenged in July though an increase in promotions helped some dealers move inventory. Nearly 57% of...
Podcast: ‘Weekly Wrap’ on originations, AI-driven lending
Tech-focused companies are looking for new ways to enter the auto space amid economic headwinds and fluctuating origination performances in...
UACC originations climb 24.7% year over year
Vroom’s finance subsidiary United Auto Credit Corp.’s originations increased on a year-over-year basis as credit tightening contributed to improved portfolio...
RumbleOn F&I dips 10.5% year over year
Powersports retailer RumbleOn’s finance and insurance revenue fell year over year while floorplan interest expense climbed as the retailer continued...
Manheim Used Vehicle Index down 4.8% year over year
Wholesale used-vehicle values increased month over month but fell year over year in July as values declined across every major...
Camping World F&I revenue up 7.2% year over year
Camping World’s finance and insurance revenue increased year over year in the second quarter as new-RV unit sales increased and...
Panelists to discuss specialty lending at PowerSports Finance Summit 2024
The Auto Finance News team is pleased to announce that leaders from Octane Lending, Source One Financial Services and TDECU will join PowerSports Finance Summit 2024 for...
Auto lenders balance technology with consumer needs
A “one-size-fits-all” approach to technology investment in the auto industry lacks the flexibility lenders need as they work to enhance...
