Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Banks kept credit for auto loans tight in the third quarter as consumer demand weakened further, with many indicating they were less likely to approve auto loans for subprime consumers. A “moderate net share of banks” that participated in the Federal Reserve’s October 2023 Senior Loan Officer Survey of Bank Lending Practices reported tightened credit […]
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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
