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F&Iby StaffNovember 4, 2022

Another Interest Rate Hike Looms Large

Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.

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Dealer Opsby StaffNovember 4, 2022

Subaru CEO Gives Optimistic Sales Outlook

Demand for new vehicles in the United States remains strong despite rising interest and loan rates, reported CEO Tomomi Nakamura.

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Dealer Opsby StaffNovember 4, 2022

Carvana’s Q3 Disappoints

Used-car retailer misses expectations in face of industry pressures.

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Auto Financeby StaffNovember 3, 2022

Third Quarter Auto Finance Digital Transformation Index Illustrates Additional Growth to Digital

Digital adoption and conversion of back-office processes from paper to digital has continued this year, despite slowing auto sales compared to last year.

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Dealer Opsby StaffNovember 3, 2022

NADA: October New Light-Vehicle Sales Up Nearly 10% from September

New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.

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Dealer Opsby StaffNovember 3, 2022

Ford Sales Drop in October

Supply issues continue to stymie carmaker.

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F&Iby StaffNovember 3, 2022

Auto Loans Follow Interest Rate Hikes

APR for new cars hits 3-year-plus high.

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Dealer Opsby StaffNovember 2, 2022

McGovern Auto Group Opens Luxury Dealerships in Albany, NY

New Jaguar Land Rover and Volvo locations expand auto powerhouse’s reach in New York.

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Auto Financeby StaffNovember 2, 2022

Subprime Lender Has Mixed Q3 Results

Credit Acceptance boosts loan volume, value but lowers collection rate forecast.

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Dealer Opsby StaffNovember 2, 2022

Lithia Outpaces AutoNation in Q3

Dealer group posts record profit, sales jump.

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