Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Fifth Third is the latest bank to enter the auto asset-backed securities market as banks look to offload consumer debt as deposits shrink. The $1.6 billion prime deal, which closed last week and was upsized from $1.1 billion on investor demand, marks the Cincinnati-based bank’s first asset-backed securitization (ABS) since 2019. Fifth Third is the […]
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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
