Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Credit Acceptance Corp.’s originations and number of active dealers rose in the fourth quarter as the subprime lender’s used-vehicle market share improved. Southfield, Mich.-based Credit Acceptance Corp. (CACC)’s consumer loan assignments totaled 78,911 units in Q4, up 0.3% year over year, with a 4.7% YoY increase in active dealers to 10,149, according to the lender’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
