Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Even though sales are down by as much at 30%, don’t look for any of the super-luxury carmakers to begin offering incentives.
Rather than diminish the perceived value of their vehicles by offering incentives, manufacturers like Bentley, Maserati, and Lamborghini are instead going to wait out the economic downturn. Efforts to improve sales in the U.S. are focused on introducing new products, rather than discounting current ones.
Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
