Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Wells Fargo Auto’s origination volume dipped during the second quarter as the bank’s auto portfolio shrunk. Auto loan originations came in today at $3.7 billion, down 22.9% year over year, and 9.8% quarter over quarter, according to the bank. Loan demand from businesses “remained tepid, reflecting the higher–for–longer rate environment,” Mike Santomassimo, the bank’s […]
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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
