Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
The auto industry ended 2020 with better-than-expected delinquency and net charge-off rates, but saw mixed results in outstanding and origination volumes. Auto Finance News reviewed fourth-quarter earnings data for 17 of the industry’s publicly traded auto lenders and found that 76% saw delinquencies below last year’s rates, while 88% logged year-over-year decreases in net charge-off […]
Already subscribed? Log in
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
