Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Bank of America’s auto originations fell in the second quarter, while the bank’s dealership financing portfolio grew. Originations totaled $6 billion, down 9.1% QoQ and 11.8% YoY, according to the bank’s earnings presentation today.. Outstandings fell 0.9% QoQ and 0.6% YoY to $53.6 billion. Bank of America joined Chase Auto and Wells Fargo Auto in […]
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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
