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AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
Powersports lender Octane’s originations jumped 74% year over year at yearend 2022 on the heels of new market entrances, expanded OEM partnerships and increased dealer adoption of the company’s digital prequalification tool. Originations through Octane’s in-house lender Roadrunner Financial tallied more than $1.2 billion in 2022, according to a company release. Strengthening dealer relationships Octane […]
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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
