Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Credit performance weakened across Bank of America’s indirect and direct consumer portfolio in the fourth quarter, but strong consumer fundamentals are expected to support growth in 2026. Net charge-offs across the bank’s indirect and direct consumer book, which is largely made up of auto loans, ticked up 5 basis points (bps) year over year and 2 bps quarter over quarter to 0.22%, according to […]
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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
