Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Wells Fargo continued to let its auto portfolio shrink in the third quarter amid pricing competition and tighter credit. Auto origination volume at the San Fransisco-based bank plummeted 24.1% year over year to $4.1 billion, reflecting “credit tightening actions as well as continued price competition,” Chief Financial Officer Mike Santomassimo said on the company’s […]
Already subscribed? Log in
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
