Subprime auto lender Global Lending Services announced today that global investment firm Sixth Street will acquire ...
Tricolor collapse contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase, while auto originations ...
Tricolor’s Sept. 10 bankruptcy filing sparks questions for capital providers and a review of the wider subprime market ...
Wells Fargo Auto’s preferred financing arrangement with Volkswagen contributed to double growth of auto originations in Q3 ...
Tellis Bethel was named chief financial officer of Toyota Motor Credit Corp. (TMCC) and Toyota Financial Services ...
Auto lender Arivo Acceptance is gearing up to become the captive finance arm of Ken Garff Automotive Group in early 2026 ...
Douglas Lebda, the founder and chief executive officer of LendingTree Inc., died Sunday following an all-terrain vehicle accident. He was 55. “We are deeply saddened by the sudden passing of Doug,” ...
The powersports industry so far in 2025 has grappled with mixed sales and consumer demand as prices rise, inflationary pressures persist and interest rates remain elevated. Some powersports dealers ...
More state-level scrutiny is expected in 2026, and with that dynamic, lenders and dealers are preparing for more variety in ...
Lender Westlake Financial and online direct lender Carputty are partnering on a prequalification tool borrowers can use..
The creditors’ meeting for Tricolor’s bankruptcy has been moved to November following a hearing that granted an extension for ...
Automakers largely reported climbing sales in September and the third quarter as manufacturers pushed aggressive incentives and stalled tariff-induced price hikes. Analysts forecast that this year ...