Competing forces in the EV market are expected to offset each other, leaving market share unchanged in 2025. EV market share ended 2024 at 9.1%, Elizabeth Krear, vice president of EV practice at J.D.
Captive lenders will remain aggressive in the auto space this year after tapping back into auto loans at the close of 2024, ...
Venture capitalists pumped $2.3 billion of capital into auto fintechs in 2024, up $1 billion year over year and just shy of Auto Finance News’ $2.4 billion prediction. Fintech funding — on the rebound ...
Service contracts, guaranteed asset protection (GAP) coverage and other ancillary products are key drivers of finance and ...
FTC Chairman Andrew Ferguson selected Justice Department antitrust attorney Daniel Guarnera to be director of Bureau of ...
Auto sales are projected to climb in 2025, driven by increased incentives, while dealer profits are set to shrink amid excess ...
Automotive companies are keeping an eye on how AI is changing the job application and hiring processes. Used-car retailer ...
Consumers looking to purchase a vehicle in 2025 are likely to apply for credit, prompting lenders to review market trends.
Skyla Federal Credit Union’s auto decisioning rate ticked up in the fourth quarter as the lender saw increased demand for auto loans.  The Charlotte, N.C.-based credit union’s automated decisioning ...
Toyota Motor North America on Jan. 22 promoted Mark Templin to executive vice president and chief operating officer, effective Jan.
Auto dealers have refocused on increasing finance and insurance profits as front-end margins have declined from pandemic-era ...
The Consumer Financial Protection Bureau completed a deep dive into vehicle repossession activity following the start of the pandemic ...