News
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
F&I Showroom Magazine
MENU
SEARCHMENUSEARCHApril borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.
Read More →
Renewed credit facility and securitized term note reinforces NextGear Capital as a strong lending partner for independent dealers.
Read More →
Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.
Read More →
Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.
Read More →
The U.S. Commerce department reported the uptick of 0.7% in retail sales.
Read More →
Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
Read More →
The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.
Read More →
On a volume-weighted basis, the overall Car segment increased +0.18%. For reference, the previous week cars increased by +0.06%.
Read More →
The seasonally adjusted Retention Index increased to 165.7 points, barely missing another record.
Read More →
August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.
Read More →