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Salaries among senior executives at publicly traded auto finance companies were flat last year, but total compensation tripled to nearly $7 million, thanks to generous stock awards, according to an Auto Finance News analysis of U.S. Securities and Exchange Commission filings. Credit Acceptance Corp. (CAC) Chief Executive and President Kenneth Booth, who took over in […]
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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
