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Mastercard expects real U.S. gross domestic product growth of 2.2% this year, slightly ahead of 2025’s 2.1% growth, with expansion largely supported by continued investment in AI. Inflation and disruptions to the global energy supply chain remain obstacles, Michelle Meyer, chief economist at the Mastercard Economics Institute, said at the New York Banking Summit on June […]
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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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
