E-NEWSLETTER

A report by Comerica Bank indicated that the purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the fourth quarter of 2011, the best affordability reading since the third quarter of 2009.

Tags: auto affordibility, Comerica Bank

Auto affordability fell in the third quarter, continuing the declining trend since affordability peaked in 2009, according to Comerica Bank.

Tags: auto affordibility, Comerica Bank

The purchase and financing of an average-priced new vehicle took 23.2 weeks of median family income in the first quarter of 2011, unchanged from its fourth quarter 2010 level.

Tags: Auto Affordability Index, Auto Loans, Comerica Bank

Prestige Financial Services Inc. announced Monday that Comerica Bank will join Wells Fargo Preferred Capital and Bank of America Business Capital as lenders on Prestige’s line of credit.

Tags: Comerica Bank, Prestige Financial

The purchase of an average-priced new vehicle took 22.1 weeks of median family income in the second quarter 2009, according to Comerica Bank's Auto Affordability Index.

Tags: Comerica Bank