Vehicle Sales
AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
Relationship priorities, rising interest rates and changing indirect lending dynamics have contributed to several banks’ recent exits from indirect auto finance. Citizens Financial Group Wednesday announced it would stop originating auto loans through dealerships on July 1 as the bank prioritizes higher-return assets and consumers with whom it has strong relationships. Mechanics Bank and KeyBank […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
