Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
AI-driven auto lender Lendbuzz is using AI to streamline loan approvals for borrowers with thin to no credit. The Boston-based fintech debuted its Express Contract tool on April 23 to digitally verify and approve auto financing, and loans made with it already make up around 36% of Lendbuzz’s approved contracts since the program began, Steve […]
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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
