Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Subprime automotive consumers are struggling with vehicle affordability as high prices and rising interest rates drive up loan amounts and monthly payments. The Consumer Financial Protection Bureau (CFPB) is watching vehicle affordability closely, especially related to the potential impact on subprime borrowers, according to a Sept. 19 blog post from the Bureau. “[Vehicle prices] and […]
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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
