Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Canadian subprime lender Axis Auto Finance has launched a direct-to-consumer website in a move to overcome inventory constraints and increase the lender’s digital footprint. The company, which is backed by Westlake Financial, began piloting its DriveAxis.ca website in November with six dealers in Ontario. The site allows consumers to shop an inventory of vehicles on […]
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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
