Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Carvana cut inventory levels again in the fourth quarter and plans for additional trimming as the retailer continues to be saddled with debt following the acquisition of ADESA’s U.S. physical auction business amid falling originations and retail sales. Carvana reduced inventory levels by 27% sequentially in Q4 as the company seeks “to normalize our inventory […]
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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
