Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Dealers’ profitability declined in the first quarter as floorplan interest rates climbed and inventory improved, but dealers continued to pay down debt using built-up liquidity. During the pandemic, floorplan interest rates were low, and floorplan financiers helped dealers through reduced rates and deferred interest, offsetting interest costs. This meant floorplanning generated profit rather than expense […]
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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
