Vehicle Sales
AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
FirstRand Ltd. plans to exit its UK motor-finance business after saying it will raise a provision to cover compensation for clients over claims they were missold car loans in the UK to £750 million ($994 million). The South African lender has increased the amount by £510 million after the UK’s Financial Conduct Authority published its […]
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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
