Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
United Auto Credit Corp.‘s auto loan originations increased by 15% year over year in the first quarter as parent company Vroom’s e–commerce wind down neared completion. UACC’s indirect originations totaled $130 million in the first quarter, up from $113 million in both Q4 2023 and Q1 2023, according to Vroom’s May 10 earnings presentation.. Vroom […]
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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
