Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Auto finance institutions including Ally Financial, CarMax Auto Finance, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto kicked off 2022 first-quarter earnings reports last week with varying results as vehicle inventory remains crunched. Chase Auto’s Q1 originations fell 25% year over year to $8.4 billion as supply constraints impacted vehicle volume. U.S. Bank […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
