Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Rising interest rates, inflationary pressures and supply chain challenges contributed to dampened auto loan production in the third quarter as delinquencies inched closer to pre-pandemic levels. The number of auto loans industrywide dipped to 81.2 million, compared with 83.1 million in Q3 2021 and 83.4 million during the same period in 2019, according to TransUnion’s […]
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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
