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A new lawsuit alleges former Tricolor Chief Executive and co-founder Daniel Chu received tens of millions in compensation from the company, including more than $29 million in the year before its bankruptcy. Tricolor Trustee Anne Burns filed an adversary complaint on Dec. 19 asking Judge Michelle Larson to recover money or property from Chu and […]
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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
