Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Credit Acceptance Corp. has launched real-time payments for its dealer base through a partnership with Citizens Financial Group. Dealers can receive payments six times per day, Monday through Saturday and on select holidays, Credit Acceptance (CAC) Chief Marketing and Product Officer Andrew Rostami told Auto Finance News. “This helps support the benefit of dealers receiving […]
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
