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Ford Credit applied July 22 for an industrial loan charter with the Federal Deposit Insurance Corporation (FDIC) to form Ford Credit Bank. The proposed bank, a subsidiary of Ford Motor Credit, plans to offer financing and lease options for electric vehicles (EVs) and related services, as well as deposit accounts and financing for parts and accessories, […]
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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
