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Last week, Exeter Finance announced it would venture into near-prime lending on the heels of its completed merger with Warburg Pincus. The program, ExeterPlus, is the lender’s first foray out of subprime since its founding in 2006. On the technology front, both Rivian and Daimler have made investments in upgrading their in-vehicle technology, with Daimler […]
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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
