Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
AI-driven lending platform Upstart’s auto originations surged 369.2% year over year in the first quarter despite seasonal softness. The San Mateo, Calif.-based company originated $61 million in auto loans in Q1, up 41.9% quarter over quarter, according to Upstart’s May 6 earnings presentation. The fintech originated 2,399 auto loans in Q1, compared with 526 loans […]
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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
