Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Ford Credit’s U.S. finance penetration and lease share of retail sales increased in the first quarter, while delinquencies and losses climbed in line with seasonal trends. The captive’s finance share of U.S. Ford Motor sales rose 1 percentage point (ppt) year over year to 39%, according to Ford Credit’s April 29 earnings presentation. Ford’s sales fell 8.8% YoY in Q1 to 457,315 units. Retail contract terms held […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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David Thompson
David Thompson
David Thompson
