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In one of his first public actions since Tricolor Holdings declared bankruptcy, former Chief Executive Daniel Chu has started amassing a multimillion-dollar legal defense fund. Chu filed a motion Nov. 24 asking to activate Tricolor’s directors and officers insurance, which protects a company’s management personnel from claims related to their decisions at the company. Tricolor’s […]
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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
