Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Truist’s auto book grew on a year-over-year basis in the first quarter but dipped sequentially in line with an expected slowdown in auto production. Auto outstandings totaled $27.2 billion, a decrease of 2.5% sequentially but up 5.8% YoY in Q1, according to the bank’s earnings release. The bank in Q4 2022 expected prime auto lending […]
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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
