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Tricolor Auto Acceptance is not responding to reports that the subprime lender has furloughed employees and suspended operations amid financial challenges. A letter dated Sept. 5 and shared on personal LinkedIn and X accounts appears to be from Tricolor Holdings to employees put on furlough for 30 days, starting Sept. 6 and expected to end Oct. […]
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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
