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APR 48 Mos.
Driveway Finance Corp.’s originations declined sequentially in the second quarter as Lithia Motors prioritized profitability and steady growth of its captive finance arm while managing expected losses. Driveway Finance Corp.’s (DFC) originations clocked in at $558 million in Q2 with a penetration rate of 12.1%, Chuck Lietz, senior vice president of DFC, said on Lithia’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
