Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Online retailer Carvana boosted its finance gross profit per unit (GPU) in the third quarter amid growing originations, largely due to tightened credit standards and lower benchmark interest rates. Finance GPU grew 31.3% year over year to $1,415, a 63.6% increase from last quarter. Improved market conditions were the primary driver for the sequential growth, […]
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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
