Auto lender Arivo Acceptance is gearing up to become the captive finance arm of Ken Garff Automotive Group in early 2026 ...
The creditors’ meeting for Tricolor’s bankruptcy has been moved to November following a hearing that granted an extension for ...
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..
Some of Wall Street’s most notable corporate trust providers are reportedly turning down offers to take over for Wilmington ...
Join Joseph Shaw, Global Head of Banking Solutions at Earnix, and Solutions Architect Will Ely for a candid conversation on October 30. They’ll uncover the hidden financial, operational, staffing, and ...
Tricolor’s bond prices plummeted in the days following the subprime lender’s Chapter 7 bankruptcy filing, with little recovery since then in the riskiest tranches. A drop signals that investors see a ...
First Brands Group Holdings has filed for Chapter 11 bankruptcy, capping weeks of turmoil sparked by creditor concern over the auto-supplier’s use of opaque off-balance sheet financing. A group of ...
Tricolor Chief Executive and founder Daniel Chu is no longer affiliated with the subprime auto lender, multiple sources tell Auto Finance News. Chu owned 27.5% of the company ahead of the Chapter 7 ...
General Motors Co., Hyundai Motor Co. and Ford Motor Co. said they would extend discounts on certain electric models after a $7,500 federal tax credit expired Tuesday, a bid to maintain momentum after ...