Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
Finance and insurance products continued to lead dealership profitability in the second quarter as dealers and lenders looked for ways to boost F&I product sales. “Consumers remain rate-sensitive and we expect that trend to continue,” Jonathan Jordan, associate vice president of sales and retail strategy at F&I provider JM&A Group, told Auto Finance News. “The real challenge isn’t convincing customers of the value […]
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Auto lenders are turning to the asset-backed securitization market to lock in capital ahead of potential late-year interest rate volatility...
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David Thompson
David Thompson
David Thompson
