Penske Truck Leasing has recently opened a brand-new, state-of-the-art facility in the southwest region of Grand Rapids, Mich. Located at 1150 60th Street SW, Byron Center, Mich. – it is…

Octane announced that it has closed a $300 million securitization (OCTL 2024-1) collateralized by its fixed-rate installment powersports loans issued through its in-house lender, Roadrunner Financial Inc. The senior class…

Mazda North American Operations reported February sales of 32,705 vehicles, an increase of 6.7% compared to February 2023. Year-to-date sales totaled 62,984 vehicles sold; an increase of 17.5% compared to…

Hyundai Motor America reported record-breaking total February sales of 60,341 units, a 6% increase compared with February 2023. Hyundai set total sales records in February for Tucson (+8%), Tucson PHEV…

VantageScore, a national credit-scoring and data analytics company, released its January 2024 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer credit. Delinquencies climbed across all VantageScore credit…

KBRA has assigned preliminary ratings to eight classes of notes issued by Westlake Automobile Receivables Trust 2024-1 (WLAKE 2024-1), an asset-backed securitization collateralized by a pool of auto loans. WLAKE…

With volume for the month projected at 1.22 million units, February 2024 U.S. auto sales are estimated to translate to an estimated sales pace of 15.5 million units (seasonally adjusted…

February new-vehicle sales, when announced next week, are expected to show gains over last year and improvement from January, which came in slower than expected, Cox Automotive reported. Sales volume…