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Tesla Finance lease penetration inched up in 2023 despite falling by half in the fourth quarter. Leasing penetration on the year landed at 4% of 1.8 million deliveries, an increase from 3.6% of 1.3 million deliveries in 2022, according to the EV automaker’s earnings release. Average lease penetration for the full year maintained year-over-year growth […]
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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
