Au
to loan delinquencies are “under control,” despite a continued rise in subprime lending, while recent concern about a so-called subprime “bubble” slowly deflates.
That’s the upshot of auto finance credit performance today, analysts said.
Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Au
to loan delinquencies are “under control,” despite a continued rise in subprime lending, while recent concern about a so-called subprime “bubble” slowly deflates.
That’s the upshot of auto finance credit performance today, analysts said.
Regional banks reported mixed credit and portfolio performance in the...
Aftermarket products such as vehicle service contracts are becoming more...
Polestar completed about $640 million in debt-to-equity conversions this year...
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
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