FI showroom red and grey logo
MenuMENU
SearchSEARCH

Auto Finance

Newsby StaffSeptember 20, 2022

Black Book: Weekly Market Insights

The wholesale market continued its decline last week, with the rate of decline remaining consistent with the past seven weeks.

Read More →
Newsby StaffSeptember 15, 2022

Cox Automotive: Estimated Monthly Used-Vehicle SAAR and Volume

The seasonally adjusted annual rate is estimated to be near 36.2 million, down from last August’s 40.8 million level and below July’s revised 38.3 million pace.

Read More →
Newsby StaffSeptember 15, 2022

Black Book’s Used Vehicle Retention Index Decreases Again in August

The Retention Index continues to decline in August, finishing the month at 184.0 points as consumer demand for used vehicles weakened.

Read More →
Ad Loading...
Newsby StaffSeptember 15, 2022

NADA Blasts FTC Over Proposed Dealership Rules

Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.

Read More →
Newsby StaffSeptember 14, 2022

Biden Announces Funds for EV Chargers at Auto Show

First $900 million coming to help 35 states build network of stations. President also promotes tax breaks to buy EVs built in North America.

Read More →
Newsby StaffSeptember 13, 2022

Black Book: Market Insights Report

The Estimated Average Weekly Sales Rate continued its descent, hitting 58% last week. The Estimated Average Weekly Sales Rate hasn’t been below 60% since February of 2021.

Read More →
Ad Loading...
Newsby StaffSeptember 7, 2022

Black Book: Weekly Market Report

The market saw continued declines last week, with the overall rate of depreciation being consistent with what we have experienced over the last five weeks.

Read More →
Newsby StaffSeptember 1, 2022

BEV Prices Keep Rising

iSeeCars research finds prices of battery-electric vehicles (BEVs) rose 54.3%, while used internal-combustion-engine (ICE) vehicle prices rose 10.1%.

Read More →
Newsby StaffAugust 31, 2022

Auto Dealership Buy/Sell Market Hits Another Record in First Half of 2022: Valuations Climb with Profits, Liquidity Drives Demand

Despite negative economic headlines and a volatile stock market, auto retailers continued their expansion through acquisition, with buy/sells increasing 16% YOY, despite spending pullbacks by public retailers, according to the Second Quarter 2022 Blue Sky Report® by Kerrigan Advisors.

Read More →
Ad Loading...
Newsby StaffAugust 25, 2022

Consumers Shifting Back to Used Vehicles as Inventory Shortages Continue

As used originations increase, credit unions reach nearly 26% total vehicle financing market share, the highest volume in five years.

Read More →