Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Banks continued to tighten credit standards for auto lending amid widening spreads in the second quarter while consumer demand for auto loans declined significantly. A “moderate net share” of banks that participated in the Federal Reserve’s July 2023 Senior Loan Officer Survey of Bank Lending Practices reported they tightened credit standards for auto loans […]
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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
