Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
AI-based lending platform Upstart tallied a steep decline in auto loan production in the third quarter as nonprime consumers continued to feel the squeeze of increased costs caused by high interest rates and persistent inflation. Auto loan originations clocked in at $29 million in Q3 across 1,208 contracts, a decline of 48% quarter over quarter […]
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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
