Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Tricolor Auto Acceptance on Friday issued its first asset-backed securities (ABS) social bond, a $212 million transaction backed by auto loans for thin- and no-file borrowers. The Dallas-based lender, which leverages artificial intelligence and machine learning to serve thin- and no-file Hispanic consumers, will use the funds to grow its platform and provide underserved Hispanic […]
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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 financier Santander Bank’s dealer commercial services strategy focuses on...
David Thompson
David Thompson
David Thompson
