Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Bank of America’s vehicle lending portfolio grew in the first quarter as the bank streamlines financing, builds on relationships with dealers and manufacturers, and taps into a growing interest in electric vehicles. First-quarter auto originations clocked in at $7.1 billion, an increase of 4.4% quarter over quarter and 36.5% year over year, Fabien Thierry, head […]
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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
