Vehicle Sales
AFN Composite Index
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APR 48 Mos.
Truist Bank continues to accrue for potential loan losses as the country faces the coronavirus economic crisis. Truist’s provision for credit losses totaled $844 million “given economic uncertainty and the stressed environment,” Chairman and Chief Executive Officer Kelly King said during the company’s second-quarter earnings call yesterday. “This affords strong coverage for expected credit losses in the future,” he said. Truist’s […]
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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
