Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
In the wake of near panic in the financial markets since Sunday, automotive stocks are rallying today. AmeriCredit is 2.19% higher at $9.95 a share. Asbury Automotive Group, AutoNation Inc., and Lithia Motors Inc. are all trading higher as well. Additionally, the index of large automotive manufacturers is 1.38% higher as talk of a federal bailout loan for the auto industry intensifies.
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
