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Vroom, an online used-car retailer, plans to sell an additional 10.8 million shares of its common stock at $54.50 in a follow-on offering expected to close Sept. 15, according to a Securities and Exchange Commission filing with the regulator last week. The offering is expected to net the e-commerce retailer $568 million in additional capital […]
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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
