Vehicle Sales
AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
An apparent pullback in asset-based lending by big banks is creating an opportunity for middle-market lenders to increase market share. National banks such as Barclays have been reported to be scaling back lending to smaller asset-based borrowers. The change in strategy follows losses at larger banks amid the collapse of several smaller entities such as subprime auto lender Tricolor Auto, along with companies outside of […]
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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
