Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
We are hearing that the bailout plan for the U.S. automakers will be made public on Dec. 10.
Apparently, the government has been targeting Dec. 10 for the plan’s unveiling for at least a week. We understand that various regional Federal Reserve Banks — the Chicago Fed, in particular — have been approached by the U.S. Government Accountability Office to vet various aspects of the bailout plan. The deadline GAO is giving the Fed officials? Dec. 10.
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
