Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Wells Fargo Auto’s second quarter was marked by increases in allowance for credit losses and net charge-offs, and a fall in delinquencies and originations as the country continues to work through the COVID-19 pandemic, according to the lender’s earnings call today. Allowances for credit losses for Wells Fargo Auto jumped by 32 basis points to […]
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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
