Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Facing lawsuits from captives Ford Credit and Stellantis Financial Services and allegations of double-pledging, the owners of dealership group Sky Auto Mall have filed for bankruptcy. Stellantis Financial Services and Ford Credit filed lawsuits on March 2 and March 5, respectively against dealer principals Alexander, Igor and Yelena Tovstanovsky — who own locations doing business […]
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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
