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Swapalease: Approvals Dip to 65% in June

Swapalease: Approvals Dip to 65% in June

Swapalease.com analysts say credit approvals declined after reaching 72.4% in May but report growing demand from consumers seeking lease contracts negotiated when incentives were stronger.

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New-Car Prices Up 3.1% in June

Average prices for the Ford Mustang increased by 7% on a year-over-year basis in June, propelled...

Kelley Blue Book analysts report average transaction prices for U.S. new-vehicle sales increased by 3.1% on a year-over-year basis in June but declined slightly from May.

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Industry Leader Lee Iacocca Dead at 94

Former Ford and Chrysler executive Lido Anthony “Lee” Iacocca, seen here in a 2005...

Famed auto executive and visionary Lee Iacocca has died, leaving a legacy of leadership, ingenuity, and a no-nonsense approach to the design, sale, and financing of American vehicles.

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Lease Prices Fluctuate for Nissan, Others

Average lease prices for the Nissan Pathfinder rose to $319 per month in June, a 14%...

Wantalease.com reports changes to lease prices for a range of small, mid-size, and luxury SUVs, led by a 14% increase for the Nissan Pathfinder, as well as some Chevrolet, Cadillac, and Infiniti products.

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ADT Announces Winners of 2019 Dealers’ Choice Awards

ADT Announces Winners of 2019 Dealers’ Choice Awards

Auto Dealer Today has revealed the winners of the 15th annual Dealers’ Choice Awards, a program that gives dealers and dealership personnel the opportunity to recognize their favorite vendors, suppliers, and finance sources in 35 categories.

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Study: Off-Lease Supply Drives Pre-Owned Demand

TransUnion reports 81% of prime- and superprime-credit buyers bought pre-owned vehicles less...

TransUnion analysts report more consumers in the prime and superprime credit tiers are choosing to buy used as off-lease units continue to flood the market, offering a budget-friendly alternative to increasingly expensive new cars.