Electric vehicle manufacturer Columbia ParCar Corp. signed an inventory financing program with Wells Fargo Commercial Distribution Finance to provide ParCar dealers with credit lines to purchase and stock vehicles, the companies announced yesterday.
Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
Electric vehicle manufacturer Columbia ParCar Corp. signed an inventory financing program with Wells Fargo Commercial Distribution Finance to provide ParCar dealers with credit lines to purchase and stock vehicles, the companies announced yesterday.
Scammers are recruiting people with good credit to sign car...
More consumers looking to refinance their auto loans are opting to retain longer...
Stellantis Financial Services was awarded $5.4 million in its lawsuit...
Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...
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...
David Thompson
David Thompson
David Thompson
Join industry professionals who start their day with our curated auto finance news.
EV Finance