Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Compressed margins and plummeting sales volumes coupled with a capital-intensive business model, led to the downfall of Vroom, the automotive retailer that was valued at $5 billion on the promise of revolutionizing automotive retail on the day after its 2020 initial public offering. Vroom faltered as the retailer relied on third-party companies to conduct […]
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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
