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May 18, 2010

Approvals, Pent-Up Demand Continue to Rise, Says CNW

Auto loan approvals continued to pick up in April, the same month pent-up demand reached its highest level since the third quarter 2008, according to CNW Research.

Tags: CNW Market Research, consumer demand, loan approvals, near-prime, prime, subprime

April 20, 2010

Used-Car Inventories Drop While Prices Rise, CNW and KBB Report

Used-vehicle inventories on franchised and independent lots dropped 24 percent in March compared to the year-ago period, and hit their lowest level since June 2005, according to CNW Marketing Research.

Tags: CNW Market Research, used-vehicle inventory, used-vehicle values

April 20, 2010

CNW: BHPH Sales Could Top Two Million

The latest Retail Automotive Summary from CNW Marketing Research indicates that 2010 will turn out to be a big year for buy-here, pay-here (BHPH). The research firm is projecting sales of more than 2.3 million BHPH units before the year is out, topping last year’s total of 1.84 million.

Tags: BHPH, buy-here, pay-here , CNW Market Research

April 6, 2010

Auto Loan Approvals Show Gains in March, Reports CNW

Prime and near-prime auto loan approvals last month reached levels not seen since March 2008, according to CNW Research. Subprime approvals also showed gains, but approvals for the segment are still rebounding after dropping to record lows in November and December.

Tags: CNW Market Research, loan approvals

March 30, 2010

Women to ‘Make or Break’ 2010 Sales

Women are returning to the new-vehicle market and helping the industry’s chances of surpassing a 12.25 million sales year, according to CNW Market Research.

Tags: CNW Market Research, new-vehicle sales

January 26, 2010

CNW Predicts Strong Spring/Summer Sales, Especially for Used Market

Not only is CNW Market Research anticipating a 9 percent increase in used sales for January, but current floor-traffic data has the firm predicting a strong spring/summer selling season.

Tags: CNW Market Research, floor traffic, used-car market

December 22, 2009

Early Lease Terminations Balloon, Says CNW

Terminating a lease earlier than its contractual length has skyrocketed in the last two years, growing from a typical 15 to 16 percent to more than 21 percent in 2009, reports CNW Market Research.

Tags: CNW Market Research, leasing, leasing contract termination

November 24, 2009

Safe Bet: Prime-Credit Customers Get Growing Share of Loans

A growing percentage of new-car sales are going to prime-credit customers as banks and other financial institutions look for safer bets, according to CNW Market Research.

Tags: CNW Market Research, near prime, prime, subprime

July 21, 2009

Retail Used Transaction Prices Climb, Independents Multiply

An influx of new, independent dealerships could help used-car sales reach four million units in 2009, according to CNW Research.

Tags: CNW Market Research, franchised dealers, independent dealers, retail transaction prices, used-car sales

July 21, 2009

Approvals Improve for Prime and Near Prime; Fall for Subprime

Auto loan approvals improved in July for the prime and near prime markets, but shoppers in the subprime market continued their struggle to get approvals by conventional means, according to CNW Research.

Tags: CNW Market Research, loan approval ratings, loan delinquencies, near prime financing, prime financing, subprime financing

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