Vehicle Sales
AFN Composite Index
+7.00%
Consumer Sentiments
SOFR
APR 48 Mos.
Auto dealers are requesting more digital shopping and financing capabilities from their lending partners amid shifting consumer shopping preferences, as evidenced by a survey conducted by CU Direct prior to the Auto Finance Summit today. Of 91 dealer respondents, 81% stated it was “very important” to digitize shopping or browsing, 74% highly prioritized online loan […]
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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
