Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
Public dealership groups spent more than 10 times the amount on acquisitions of U.S.-based dealerships in the second quarter compared with Q1, potentially boosting larger banks’ and floorplan lenders’ portfolios. Publicly traded auto retailers spent $956 million on acquisitions in Q2 compared with $89 million in Q1, when dealers focused their capital on stock buybacks, […]
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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
