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October 22, 2015 - Industry News

Banking Regulator Issues Warning to Auto Finance Industry

The Comptroller of the Currency warned in a speech delivered yesterday that the pace of auto lending reminds him of the mortgage industry in the run up to the 2009 financial crisis.

Tags: auto finance, Auto Loan Delinquency Rate, Auto Loan Terms, banks, economic downturn, economic recovery, Experian Automotive, Office of the Comptroller of the Currency

October 13, 2011 - Industry News

Consumer Demand for Luxury Vehicles Wanes

A survey by TNS indicated that almost one in three luxury car owners have a more negative attitude toward purchasing another luxury vehicle in the future.

Tags: consumer confidence, economic downturn, Fuel Economy, Luxury Vehicles, Vehicle Maintenance

September 15, 2011 - Industry News

U.S. Economic Growth Will Continue to Lag, Says TD Economics

A new report released by TD Economics indicated that the U.S. economy will continue to grow, but the affiliate of TD Bank says the economy may not be able to sustain additional shocks to the system.

Tags: Chrysler, economic downturn, Finance, TD Bank Group

September 1, 2011 - Industry News

J.D. Power: New-Vehicle Retail Sales Pace Slows in August

J.D. Power and Associates reported that the new-vehicle sales volume deteriorated during the second half of August due to economic woes and harsh weather conditions.

Tags: economic downturn, J.D. Power and Associates, new-vehicle sales, SAAR

August 18, 2011 - Industry News

Sales Pace Slowing in August, Reports J.D. Power

New-vehicle sales continue to increase, but they are doing so at a slower pace. Volume remains flat, and manufacturers continue to be conservative with incentives, according to J.D. Power and Associates.

Tags: economic downturn, J.D. Power and Associates, new-vehicle sales

September 21, 2010 - Industry News

Recession Ended Last June, Says NBER

The recession officially ended in June 2009, the committee that determines the timing of recessions said yesterday. It added that any future downturn of the economy would signal a new recession, not a double-dip recession as some economic watchers have warned as a possibility.

Tags: economic downturn

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