Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Wells Fargo Auto tallied a year-over-year decline in originations and outstandings in the first quarter amid tightening credit and pricing competition, marking four consecutive quarters of portfolio declines. Auto origination volume totaled $5 billion in Q1, flat sequentially but down 31.5% year over year, according to the earnings supplement. The bank’s total managed portfolio declined […]
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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
