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Axis Auto Finance’s originations declined in the first quarter of fiscal year 2025 as credit performance worsened and the company nears a sale. Auto originations landed at $5.6 million for the quarter ended Sept. 30, down 49.6% year over year, according to the Toronto-based subprime lender’s Nov. 14 earnings release. The annualized realized 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
