Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Hertz Global Holdings is still leaning on the wholesale market to acquire inventory as travel demand remains robust and new-vehicle deliveries stay sporadic. In fact, the company acquires one used car for every two new vehicles, Hertz Chief Executive Stephen Scherr said on the company’s second-quarter earnings call. “If you look at what we buy, […]
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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
