Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Auto dealers who lend money to buyers with spotty credit histories pushed subprime lender PrimaLend Capital Partners into bankruptcy, the company said in court papers. The Texas-based firm, which filed for court protection Wednesday following months of negotiations with creditors, blamed its troubles on slowing auto sales to customers with poor credit. Higher interest rates, […]
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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
