Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Ally Financial’s auto originations declined 22% year over year as the bank prioritized higher-quality credit, while electrified vehicle financing volume ticked up. Auto originations clocked in at $10.4 billion, up 9.5% sequentially but a decline of 21.8% YoY, according to the bank’s earnings supplement. Auto loan and lease outstandings tallied $94.2 billion, an increase of less than 1% […]
Already subscribed? Log in
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
