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The powersports finance industry is facing many of the same challenges as auto, including a lack of new supply due to the chip shortage, production constraints and high consumer demand. Powersports dealers have turned to used units to fill their lots and drive business, offering incentives for consumers to either trade in their current bikes […]
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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
