Hisun Motors Corp. USA finalized an inventory financing program with Wells Fargo Commercial Distribution Finance in early July to offer floorplan financing to the manufacturer’s network of dealers, according to a company press release.
Vehicle Sales
AFN Composite Index
+4.30%
Inventory Index
SOFR
APR 48 Mos.
Hisun Motors Corp. USA finalized an inventory financing program with Wells Fargo Commercial Distribution Finance in early July to offer floorplan financing to the manufacturer’s network of dealers, according to a company press release.
RV manufacturer Thor Industries’ North American sales fell in its...
Access for auto loans improved in August thanks to longer...
CarMax this week announced layoffs of 145 associates as it...
Auto lenders are turning to the asset-backed securitization market to lock in capital ahead of potential late-year interest rate volatility...
Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...
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...
David Thompson
David Thompson
David Thompson
Join industry professionals who start their day with our curated auto finance news.
EV Finance