Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
CarMax Auto Finance is the latest auto lender to brace for an increase in delinquencies ahead of second-quarter earnings season as rising interest rates continue to squeeze consumers. CAF increased its provisions for credit losses by 40% year over year on weakening portfolio performance. Industrywide, credit performance has been inching back toward pre-pandemic levels, […]
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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
