Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Shares of Carvana fell by nearly 17% this morning following the retailer and lender’s latest earnings, which saw an increase in originations but a quarter-over-quarter decline in retail gross profit per unit. The Tempe, Ariz.-based company’s auto originations rose 53.3% year over year and 4.6% QoQ to $2.3 billion in Q4, according to an Auto […]
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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
