
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.
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April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
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Prime share continued to dominate in the quarter, Experian data show.
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J.D. Power U.S. study reveals low satisfaction with their digital solutions.
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November access tightens across channels, most lender types, Cox says.
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Average for new and used vehicles decreased in the third quarter.
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October loosening makes three-month trend, but access still tighter than a year ago.
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Two surveys find process is getting easier and more satisfying as inventories grow.
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Ferrari adds option in the US and plans to in Europe, other areas where the alternative funds can be used.
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Increased incentives helped captives take the lead, with 58% of new financing.
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