Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Auto loan and lease outstandings reached an all-time high of $1.3 trillion in 2021, contributing to the auto finance industry’s 6.7% growth despite ongoing inventory challenges due to the COVID-19 pandemic. Total loan and lease originations grew 8.8% in 2021, with the nation’s top 100 auto lenders originating nearly $690 billion, according to the Big […]
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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
