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Santander Consumer USA’s $2 million-plus lawsuit against dealership Crown Dodge is the latest example of increased scrutiny on lenders’ dealer partners, attorneys say. Santander says the Ventura, Calif.-based dealership refused to buy back vehicle loan contracts, according to its initial complaint filed June 29 in the 68th District Court of Dallas Texas. The complaint said […]
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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
