Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Despite auto originations climbing back to near pre-pandemic levels in the third quarter of 2020, subprime loans continue to decline amid tightened credit standards, inventory shortages and dwindling demand. Auto originations measured on the TransUnion Industry Insights Report for the third quarter of 2020 totaled $7.32 million, a decline of 2% from the same period […]
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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
