Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Subprime lender Credit Acceptance Corp.‘s originations volume ticked up in the second quarter on a dollar basis as it signed on additional dealers and launched technology initiatives. CAC’s consumer loan assignment volume rose 0.1% year over year on a dollar basis to $1 billion but dipped 1% YoY on a unit basis to 84,615, according to the lender’s […]
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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
