Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Wells Fargo Auto is offering a $500-per-vehicle incentive to repossession agencies to prioritize the recovery of their vehicles amid a shortage of repo personnel and an expected uptick in delinquencies. Exeter and Santander Consumer USA (SCUSA) had also been offering a recovery incentive but pulled back the offering earlier this month, Vaughn Clemmons, president of […]
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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
