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This week brought a range of activity in the auto finance industry, with Elliot International suing Santander Holdings USA (SHUSA) following the company’s acquisition of Santander Consumer USA, while powersports leasing company Speed Leasing resumed originations after a two-year hiatus. Elliot filed a class action compliant Aug. 15 with the Delaware Court of Chancery claiming […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
