Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Banks held auto loan credit standards steady in the first quarter as demand weakened marginally. A “modest net share of banks” reported weaker demand for auto loans, according to the Federal Reserve’s April Senior Loan Officer Opinion Survey on Bank Lending Practices, published May 4. A “modest net share of banks” also reported pulling back on auto loans to customers who do not meet credit criteria, according […]
Already subscribed? Log in
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
