Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Compressed margins, increased pricing competition and a shift toward more profitable lines of business in the first quarter drove attrition in nearly every large bank’s auto portfolio as credit losses continued to inch back toward pre-pandemic norms. Capital One’s auto originations fell 47% year over year to $6.2 billion, reflecting an intentional pullback in auto […]
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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
