CarMax Inc. celebrated the opening of the company’s sixth store location in the Dallas area. The store is located at 1441 N. Central Expressway in McKinney. The McKinney store has…
Carvana Co. announced the upsize and pricing of its follow-on public offering of 11 million shares of its Class A common stock at a price to the public of $27.50…
Jay Hicks has been appointed vice president of strategic partnerships by Hearst Autos. In this new role, Hicks will forge strategic partnership programs with OEMs, dealers, and data/technology providers for…
Huntington Bancshares Inc. reported strong performance for auto finance in the first quarter. Average automobile loans increased $1 billion in the first quarter, driven by $6.2 billion of new production…
Carvana and SpringboardAuto have teamed up to offer SpringboardAuto customers access to Carvana's national vehicle inventory. The partnership means that SpringboardAuto customers can now apply their online finance approval to…
AutoNation, Inc. announced that its stockholders elected Dr. Jacqueline A. Travisano to AutoNation’s Board of Directors at the 2018 annual meeting. “With decades of experience in operations, finance, marketing, and…
Consumers buy with their hearts, not their minds. That is the best way to sum up the findings of a recent Equifax survey, said Rebecca Kritzman, the firm’s senior director,…
Consumer Portfolio Services Inc. announced earnings of $3.1 million for the first quarter. This compares to net income of $4.5 million in the first quarter of 2017. Revenues for the…
The Consumer Financial Protection Bureau announced a settlement with Wells Fargo Bank N.A. in a coordinated action with the Office of the Comptroller of the Currency (OCC). The Bureau found…