Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
PNC Financial’s floorplan utilization rate is gradually returning to pre-pandemic levels as inventory on dealer lots continues to improve. Utilization on floorplan lines of credit funded by PNC Financial has reached about 60% of the peak that the bank recorded a year before the pandemic stunted vehicle production and led to scarce supply across the […]
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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
