Vehicle Sales
AFN Composite Index
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APR 48 Mos.
Banco Santander has completed its acquisition of Santander Consumer USA, closing a $2.5 billion deal in the making since September 2021. Banco Santander obtained enough Santander Consumer USA (SCUSA) shares through its all-cash tender offer to proceed, which expired on Jan. 27. The bank has purchased the remaining shares under its right to receive the […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
