Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Banks offloaded auto debt in the second quarter as deposit activity slowed and financiers got more stringent on how they allocate capital to fund new loans. Deposits at U.S. commercial banks totaled $17.2 trillion in Q2, down 2.3% sequentially and 4.6% year over year, according to Federal Reserve data. In the second quarter of 2022, […]
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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
