Vehicle Sales
AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
Dimmitt Automotive Group is shifting its focus to leasing as financing penetration dipped in 2023 and elevated interest rates prompted cash purchases. The Clearwater, Fla.-based group has 13 auto and powersports dealership locations in Florida, according to the company’s website. Dimmitt’s auto finance penetration sat in the low-60% range for much of 2023 compared with […]
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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
