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Investors pumped $1.9 billion of capital into auto fintechs through June as the average transaction size inflated, according to an Auto Finance News analysis of public deals. Total investment was up 41% year over year, while the average capital infusion nearly doubled to $121 million from $65.6 million, according to AFN data. In all, 16 […]
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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
