New Experian report shows ongoing impact of inventory shortage on automotive finance market, as average vehicle loan amounts and monthly payments continue to rise.
June 7, 2022
In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
March 10, 2022
Alternative fuel vehicles now represent nearly 16% of new vehicle financing; banks originated more than 55% of new alternative fuel vehicle loans.
February 24, 2022
Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
February 15, 2022
Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.
December 21, 2021
Inventory shortages continue to push average loan amounts and monthly payments for used vehicles higher.
August 23, 2021