Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Bank of America is the latest auto lender to report decreased floorplan balances as constrained inventory continues to plague the industry. Floorplan balances dropped 36.3% year over year to $9.3 billion. That’s down 13.8% from last quarter’s balance of $10.8 billion, according to the bank’s Q3 earnings report. Still, the bank increased its commitment on […]
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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
