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We asked subprime financing sources from across the U.S. what they thought the hot topics of conversation would be at the 2009 National Automobile Dealers Association Conference. Some of their answers just might surprise you.
Read More →This month's new-vehicle sales are expected to close at 850,000 units, a 27.6 percent decrease from November 2007 and a 1.9 percent increase from October 2008, according to Edmunds.com.
Read More →This month's new-vehicle sales are expected to be 850,000 units, a 27.6 percent decrease from November 2007 and a 1.9 percent increase from October 2008, according to Edmunds.com.
Read More →With rising unemployment and fluctuating gas prices resulting in higher U.S. auto loan delinquencies and losses, seller/servicers need to act quickly and adapt to the changing market trends in order to help minimize auto ABS losses, according to Fitch Ratings in a new report.
Read More →While some Colorado dealerships are feeling the effects of a weaker economy, McCloskey Dealerships remain confident in their unique approach to the business.
Read More →The recent shift in consumer interest to small vehicles is subsiding as gas dips to $3.88, says Edmunds.com.
Read More →Less than a year ago the national average price for regular gasoline was $2.96 per gallon. Many consumers simply wrote off monthly fuels costs as a mere annoyance. Those days are over, according to a study released today by Edmunds.com.
Read More →Used vehicle retailer CarMax Inc. said Wednesday that its same-store used-unit sales fell 17 percent in the months of June and July as high gas prices drove customers away from vehicle purchases.
Read More →Less than one year ago the national average price for regular gasoline was $2.96 per gallon, and many consumers simply wrote off monthly fuels costs as a mere annoyance. Those days are over, according to a study released today by Edmunds.com, an online resource for automotive information.
Read More →High gas prices are taking their toll on the recovery values of sport utility vehicles and trucks, leading to higher loss severity on defaulted loans in many U.S. auto loan asset-backed securities, according to Fitch Ratings.
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