Vehicle Sales
AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
Auto financier Credit Acceptance laid off 5% of its workforce on April 16, weeks ahead of its first-quarter earnings release. Around 151 employees were laid off, and employees were notified the day they were let go, several former employees confirmed to Auto Finance News. Cuts were not limited to specific departments, but were done across […]
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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
