Vehicle Sales
AFN Composite Index
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APR 48 Mos.
AI-driven lending platform Upstart’s auto originations declined significantly in the fourth quarter as high interest rates caused lenders to scale back. Auto loan originations came in at $13 million in Q4 across 542 contracts, plummeting 55.2% quarter over quarter and 77.2% year over year on a dollar basis, according to the company’s earnings presentation. […]
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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
