The Exponential Used Vehicle Index hit 134.73 as of Dec. 28, 0.1% higher than December 2023 and down 1.3% sequentially.

Sales were strong from nearly every auto manufacturer in the fourth quarter, driving up yearend sales numbers.

Carvana has reestablished an agreement with Ally Financial to sell the lender up to $4 billion in used-vehicle loan ...

President-elect Donald Trump’s threat to eliminate tax credits for electric vehicles likely gave plug-in cars a much-needed ...

JPMorgan has reiterated its stance on Carvana following a report from short-seller Hindenburg that raised concerns on the ...

Elon Musk-led Tesla sold 1.79 million vehicles last year, slightly less than what it delivered in 2023 and below analysts’ ...

Carvana was accused by short-seller Hindenburg Research of impropriety in a report alleging that the subprime loan portfolio ...

Auto Finance News’ five most read stories in 2024 span affordability challenges, regulatory oversight and technology ...

Powersports lender Octane Lending is expecting double-digit origination growth in its RV and marine segments in 2025.

Auto loan rates on new and used vehicles fell year over year in December following the third consecutive rate cut from the ...

Initial applications for US unemployment capped 2024 at an eight-month low, reflecting relatively muted levels of job cuts.

The past year has largely been defined by persistent affordability concerns even as vehicle prices stabilize and interest rates come down ...