Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
The collapse of subprime auto lender Tricolor contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase, while auto originations climbed. The $170 million charge-off volume associated with Tricolor’s Sept. 10 Chapter 7 bankruptcy filing is included on the bank’s “wholesale side,” Chief Financial Officer Jeremy Barnum said during today’s earnings call. […]
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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
