New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts
Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.
December 2, 2021
Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.
December 2, 2021
Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.
December 2, 2021
Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.
November 30, 2021
Automaker reports batteries will power half of the vehicles it sells by 2030.
November 30, 2021
Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.
November 29, 2021
Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.
November 23, 2021
Production cuts because of a shortage of microchips slow.
November 23, 2021
Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls.
November 23, 2021
The J.D. Power U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price.
November 18, 2021
Highlights include a significant spike in dealership profits and skyrocketing demand from dealership groups that want to acquire more stores.
November 17, 2021
The 2021 Cox Automotive Path to EV Adoption Study provides a look at the major consumer barriers that continue to slow EV adoption.
November 17, 2021
Calendar year 2021 has not had typical seasonality patterns as the market has had rapid increases in wholesale values for the majority of the year.
November 16, 2021
Dealers can boost electric vehicle sales when they take an educational stance with consumers.
November 16, 2021
Ford CEO Jim Farley wants to maintain the company’s build-to-order strategy after the chip shortage ends. Will consumers adapt?
November 16, 2021
J.D. Power reports metrically measured customer satisfaction with their automotive purchases remains at 789 points (on a 1,000-point scale), the same as in 2020.
November 11, 2021
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