Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Capital One Auto Finance scaled back its allowance for credit losses in Q4 as consumer credit health remains resilient and used-vehicle values push up recovery rates. The bank released $26 million in auto-related credit loss provisions, largely due to strong used-vehicle values, Chief Executive Richard Fairbank said on the company’s earnings call Tuesday. The release […]
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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
