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Categories: Auto Finance, Dealer Ops, Industry
New-Vehicle Purchase Affordability Steady

June conditions balanced between high prices, interest rates and rising income and incentives.

https://www.autodealertodaymagazine.com/371376/new-vehicle-purchase-affordability-steady
Categories: Auto Finance, Dealer Ops, Industry
New-Vehicle Prices Take Normalizing Turn

June average price increase least since pandemic began, Cox says.

https://www.autodealertodaymagazine.com/371333/new-vehicle-prices-take-normalizing-turn
Categories: Auto Finance, Dealer Ops, Industry
Credit Access, Consumer Confidence Up

June’s loosening follows spring banking crisis, though access is still tighter year-over-year and compared to prepandemic.

https://www.autodealertodaymagazine.com/371326/credit-access-consumer-confidence-up
Categories: Auto Finance, Dealer Ops, Industry
Used-Vehicle Sales to Grow

Cox Automotive forecasts an improved used-vehicle market in latter half of the year.

https://www.autodealertodaymagazine.com/371264/used-vehicle-sales-to-grow
Categories: Auto Finance, Dealer Ops, Product & Technology
Dealers Face Difficulty Placing Subprime Loans

Extending credit to high-risk customers is harder, but there are ways to get those customers into loans.

https://www.autodealertodaymagazine.com/371262/dealers-face-difficulty-placing-subprime-loans
Categories: Auto Finance, Dealer Ops, F&I, Industry
Auto Lenders' Fraud Exposure Rose in 2022

Report shows $400 million increase as fraudsters refocus to automotive loans.

https://www.autodealertodaymagazine.com/371189/auto-lenders-fraud-exposure-rose-in-2022
Categories: Auto Finance, Dealer Ops, F&I, Product & Technology
Auto Delinquency Soars in Q1

S&P Global Mobility reports auto loan delinquency exceeded recession-era highs in the first quarter.

https://www.autodealertodaymagazine.com/371170/auto-delinquency-soars-in-q1
Categories: Auto Finance, Dealer Ops, F&I, Industry
Interest Rates Stay Status Quo—For Now

Federal Reserve keeps interest rates steady but signals borrowing costs will increase by another half of a percentage point by year’s end.

https://www.autodealertodaymagazine.com/371160/interest-rates-stay-status-quofor-now
Categories: Auto Finance, Dealer Ops, F&I, Industry
Upward Surge in Used-Car Prices Reversing Course

Analysts predict downward shift over the last two months will continue.

https://www.autodealertodaymagazine.com/371139/upward-surge-in-used-car-prices-reversing-course
Categories: Auto Finance, Dealer Ops, Industry, Showroom
Black Book: Weekly Market Report

Declines continued throughout the entire market last week, with the exception of one segment, Sporty Car, which was up only +0.04%.

https://www.autodealertodaymagazine.com/371127/black-book-weekly-market-report-11


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