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The share of subprime borrowers taking out auto loans in March rose to the highest level in six years as those consumers saw an influx of cash from tax returns but still face affordability pressures. Subprime borrowers are in a less-secure position and are facing greater affordability challenges, Bobby Jorgensen, vice president and senior analyst […]
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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
