Earnings season and PYMNTS’ own data signals the difficulty of keeping wheels on the road — literally. As economies reopen, many firms are returning to a hybrid model. Travel is returning to (and surpassing) pre-pandemic level. And as we make more trips to the store...
February 26, 2023
Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies. The Memphis-based used car seller notified employees Friday (Feb. 24) that it was shutting down its operations, closing its headquarters, and firing its workers, Bloomberg News reported, citing people familiar with the matter. The same sources say the closure email […]
