Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Truist’s auto book continued to shrink in the third quarter amid a focus on higher-margin business lines, including the financier’s powersports lending arm, Sheffield Financial. Indirect auto outstandings fell to $24.1 billion in Q3, a decrease of 6.5% sequentially and 14.7% year over year, according to the bank’s earnings release. Truist is focused on […]
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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
