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Ford Credit earnings before taxes saw pressure in 2023 as credit costs remained elevated and auction values dropped, even as its portfolio increased. The captive posted loan growth to end the year, with $82.3 billion outstanding, an increase of 6.2% year over year and 0.5% from the third quarter, the company reported in its fourth-quarter […]
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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
