Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Legacy systems remain a significant roadblock to technology innovations in the auto finance industry as consumers demand more digital capabilities. “The consumer views [car buying] as a transaction, and they always view it end-to-end. In order to fulfill that, it’s a multiparty system; it’s not a closed ecosystem,” John Castle, vice president of consumer finance […]
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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
