Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Ally Financial‘s stock rallied after strong first-quarter earnings released today, closing the day at $38.71, a 6.7% gain after it reported a year-over-year increase in auto originations. Ally Finacial’s originations rose 2.1% sequentially and 3.2% YoY in Q1 to $9.8 billion. The Big Wheels Stock Index, which tracks the stock prices of 27 publicly […]
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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
