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Commercial auto lenders are offering benefits to dealers who use them for floorplan financing as inventory builds and costs rise. Inventory is sitting longer on dealer lots, helped in part by a rise in incentives and stabilizing interest rates, Cynthia Caine, head of commercial auto at Wells Fargo, told Auto Finance News. Dealers are looking […]
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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
