
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Recent data points to more auto borrowers struggling to keep up with loans, but default rates remain below pre-pandemic levels.
Read More →
The Estimated Average Weekly Sales Rate remains at 65%.
Read More →
Year to date, the total used market is currently on pace to finish the year down more than 12% from the 40.6 million recorded in 2021.
Read More →
According to Kelley Blue Book, new-vehicle buyers remain in an “over sticker” market, paying above MSRP every month this year.
Read More →
On a volume-weighted basis, the overall Car segment decreased -0.92%. For reference, the previous week, cars decreased by -0.91%.
Read More →
New-vehicle sales were up slightly in July from June but remain low at a 13.3 million seasonally adjusted rate of sales.
Read More →
Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.
Read More →
Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
Read More →
Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.
Read More →
The Retention Index decreased to 189.4 points in July as consumer confidence remained at historic lows.
Read More →