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The powersports retail market has yet to feel the effect of rising interest rates, but lenders’ margins are getting squeezed as the cost of funds increases. Elevated interest rates haven’t affected consumer demand for powersports vehicles, largely due to the dollar value they hold, Tony Altieri, vice president of business development at National Powersports Auctions, […]
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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
