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Lower down payments have prompted some lenders to finance vehicles at 100% loan-to-value ratios. But one Indian automaker has taken a different approach: urging car buyers to first build up funds for an initial deposit. Maruti Suzuki India, together with Indian financial institution AU Small Finance Bank, in early June unveiled a “recurring deposit” auto loan that helps car buyers save up for a […]
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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
