Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Bank auto outstandings are now on the rise after months of stifled growth as economic uncertainty spurs tightened credit underwriting standards. Oustandings rose $41 billion to $1.282 trillion, according to preliminary Aug. 6 data from the Federal Reserve. To put that number into perspective, banks’ auto outstandings grew by $24 billion in the six months […]
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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
