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Consumers financing Ford Motor’s all-electric Mustang Mach-E are increasingly choosing the Ford Option product over leases, a positive trend for Ford Credit’s newest financing program that serves as a hybrid between a traditional retail installment contract and lease. Ford Credit has logged a 6- or 7-to-1 adoption ratio on its Option product versus lease, Jim […]
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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
