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While new-EV sales continued to slide at the end of February, rising gas prices led to more demand for used EVs. New-EV sales are “experiencing a bit of a hangover” from September 2025’s pull-ahead in sales before the EV tax credits expired, Jimmy Douglas, chief executive of used-EV marketplace Plug, told Auto Finance News. North […]
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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
