Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Auto financing startup Lendbuzz ratcheted up its origination volume ahead of the lender’s second entrance into the auto asset-backed securities (ABS) market, as it looks toward continued expansion. Boston-based Lendbuzz uses artificial intelligence (AI) and machine learning to lend to car buyers who lack a U.S.-based credit bureau history. More than 55% of the loans […]
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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
