Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Bank of America’s auto originations climbed in the second quarter as the bank eyes strategic growth across its three business lines in auto. Originations rose 26.2% year over year and 25.5% quarter over quarter to $7.6 billion in Q2, Tim Owens, head of consumer vehicle lending, told Auto Finance News. Bank of America’s auto portfolio […]
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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
