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Warburg Pincus is in the early stages of weighing a sale of subprime auto lender Exeter Finance that could fetch $2.5 billion to $3 billion, according to people familiar with the matter. The New York-based private equity firm is working with advisers to seek buyers for Exeter, said the people, who asked to not be […]
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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
