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RV retailer Thor Industries’ promotion and rebate liabilities jumped year over year in the first quarter of fiscal 2025, reflecting the retailer’s efforts to move inventory in a challenged retail environment. The Elkhart, Ind.-based retailer’s promotion and rebate liabilities rose 15.1% YoY to $156.3 million but fell 8% sequentially in the quarter, which ended Oct. […]
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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
