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In what might be a record for the auto finance sector, plans for three new captives were unveiled in the span of six weeks. OEMs Stellantis and General Motors introduced Stellantis Financial Services U.S. Corp. and Cadillac Financial, respectively, while online retailer Vroom announced its intention to establish a captive built on its newly announced […]
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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
