Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Wells Fargo Auto is the latest auto lender to report record origination volume in the second quarter following increased sales volume as a result a pent-up demand, despite industrywide inventory challenges. Second-quarter originations clocked in at $8.3 billion, a 48% year-over-year increase and a 19% sequential increase, driven largely by record volume in June, Chief […]
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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
