Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Consumer interest in Carvana’s offering has declined as inflationary pressures push down consumer confidence and the automotive retailer struggles with financial uncertainty. Carvana’s website had 15.6 million visits in November, a 16.9% decrease compared with October. That follows a 4.5% sequential decline from September to October, according to Similarweb, an analytics company. Carvana’s website visits […]
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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
