Black Book: Market Insights Report
The Estimated Average Weekly Sales Rate dropped to 53% last week.
The Estimated Average Weekly Sales Rate dropped to 53% last week.
Q3 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
Dealers can now get reconditioned vehicles front line-ready faster and boost sales.
Most survey respondents predict their profits will be flat or rise, though fewer expect an increase.
Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.
Demand for new vehicles in the United States remains strong despite rising interest and loan rates, reported CEO Tomomi Nakamura.
Digital adoption and conversion of back-office processes from paper to digital has continued this year, despite slowing auto sales compared to last year.
New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.
Supply issues continue to stymie carmaker.
APR for new cars hits 3-year-plus high.
Credit Acceptance boosts loan volume, value but lowers collection rate forecast.
It was another stable week in the lanes last week. Inventory is still available and consistent, but there has been a noticeable increase of IF sales and no sales.
Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.
Soaring material and parts costs offset benefits gained from a plunging Japanese yen and production rebound.
LMC Automotive and J.D. Power predict U.S. auto retail sales will rise in October as supply chains improve and make more vehicles available to dealerships.
Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.
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