Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
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APR 48 Mos.
Auto finance company stocks took a beating in 2020, but they were pummeled even further in 2022. Fears of a recession, declining consumer vehicle demand, worse-than-expected financial results and thousands of lender layoffs sent investors scurrying for safer stocks last year. In all, the stock prices for seven auto lenders lost between 24% and 98% […]
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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
