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AutoNation Finance’s loan penetration increased at AutoNation stores in the third quarter as the lender began originating loans in its franchise stores. AutoNation Finance, formerly CIG Financial, originated 25% of loans in AutoNation USA stores during the third quarter, up from a penetration rate of 20% in June, Chief Executive Mike Manley said on the […]
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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
