Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
EV marketplace Plug has closed another round of funding as it works to expand services for dealers and finance partners to help them manage the growing volume of used-electric vehicles resulting from lease returns. The Santa Monica, Calif.-based company announced on Feb. 2 a $20 million raise in series A funding led by Lightspeed. It has facilitated more than $60 million in used-EV transactions since launching in 2024 and sold more vehicles in […]
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
