Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
PNC Financial’s auto portfolio shrank in the third quarter following a second-quarter spike brought on by the bank’s acquisition of BBVA USA which closed June 1. The bank’s Q3 auto outstandings inched down 1.63% sequentially to $17.3 billion, remaining 15.1% higher than Q3 2020, according to the bank’s report. The sequential decline follows Q2’s 29% […]
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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
