Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Chase Auto’s originations plummeted early in the second quarter to levels not seen since the Great Recession before rallying to historic highs in June, Jennifer Piepszak, chief financial officer at JP Morgan Chase, said during the company’s July 14 earnings call. Total originations clocked in at $7.7 billion, a 9.4% year-over-year decline, which the bank […]
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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
