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For five hours, lawyers for creditors pressed Daniel Chu again and again on Tuesday for details on the collapse of his subprime auto-loan business Tricolor Holdings. And, again and again, Chu declined to answer. In all, he asserted his Fifth Amendment right to avoid incriminating himself more than 100 times during the meeting. A lawyer […]
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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
