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Asbury Automotive Group will finally acquire assets from luxury dealer group Park Place after an unsuccessful run at the deal in the first quarter, President and Chief Executive David Hult told Auto Finance News. “Strong May and June performance, along with cost restructuring efforts, have driven higher profitability and cash flow, giving us conviction to […]
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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
