Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Last week’s look at the asset recovery industry showed that repossession companies have yet to see repo volume return to pre-pandemic levels. Volume currently sits at about 50% of pre-COVID levels, largely driven by Q1 government stimulus and extra capital from tax season. Repo companies are understaffed and have limited hiring prospects; there is concern […]
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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
