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APR 48 Mos.
Ally Financial’s floorplan outstandings grew in the fourth quarter as the lender gained momentum in a rising rate environment. While Ally’s fourth-quarter floorplan outstandings increased 46% sequentially, reaching $11.1 billion, floorplan was 34% lower year over year. The Q4 growth is credited to the lender’s addition of short duration and sensitive assets, including Ally Lending […]
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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
