Vehicle Sales
AFN Composite Index
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Inventory Index
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APR 48 Mos.
Fifth Third purposely slowed auto lending in the fourth quarter driven by elevated interest rates. The bank’s indirect secured consumer outstandings, which consist primarily of auto, clocked in at $15 billion, down 2.6% quarter over quarter and 9.6% year over year, according to the bank’s earnings presentation. Auto made up 34% of the bank’s consumer […]
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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
