Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Chase Auto’s originations fell in the first quarter while credit performance in the bank’s auto portfolio improved. Auto loan and lease originations totaled $10.4 billion in Q1, down 2.8% year over year and 3.7% quarter over quarter, according to JPMorgan Chase’s April 14 earnings supplement. While Chase’s auto loan originations fell, Wells Fargo‘s auto loan originations jumped 110% YoY. Despite […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
