Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Wells Fargo Auto’s origination volume grew year over year in the first quarter as the bank is prioritizing responsible growth of the auto business amid tariffs and market uncertainty. The San Francisco-based bank is focused on gradual, solid returns and long-term impact on profitability, Chief Financial Officer Michael Santomassimo said on today’s earnings call. “Our focus [on […]
Already subscribed? Log in
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
