Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Auto retailers and lenders are saving money, speeding processing and improving customer satisfaction by using AI for customer-facing products. For example, around 30% of buyers and 60% of sellers complete their Carvana transaction without speaking to a human until vehicle delivery or pickup, Alex Devkar, senior vice president of engineering and analytics at Carvana, told […]
Already subscribed? Log in
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...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
