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New-vehicle affordability declined in April to the worst level yet this year as the bite of higher prices and lower incentives reversed an improving trend.
https://www.automotive-fleet.com/10240884/tariff-burden-making-new-vehicles-less-affordable
The arrangement accesses cloud-based software designed to help financial institutions keep track of their vehicle and asset collections and limit repetitive...
https://www.automotive-fleet.com/10224561/strategic-remarketing-services-integrates-with-meridianlink
CAR 2023: Politics may be tough territory, but trade groups that build bridges in Washington, D.C. are less likely to get eaten at the regulatory table.
https://www.automotive-fleet.com/10199214/why-business-groups-must-engage-with-government
Auto finance companies and remarketers should prepare to navigate a more active regulatory environment this year from the CFPB and FTC.
https://www.automotive-fleet.com/10190775/government-rulapalooza-ready-to-roll-out
The Federal Reserve announced a quarter-point interest rate reduction yesterday, its third such move this year. The target federal funds rate now stand at...
https://www.automotive-fleet.com/343679/fed-triggers-third-interest-rate-cut-of-2019
Cox Automotive’s chief economist, Jonathan Smoke, said he didn’t expect the Fed’s latest move to match the impact of the July cut for auto manufacturers or...
https://www.automotive-fleet.com/340947/auto-loans-likely-wont-be-affected-by-recent-interest-rate-cut
Federal Reserve Chairman Jerome Powell officially announced a widely expected cut to the federal funds rate yesterday, dropping the central bank's target by...
https://www.automotive-fleet.com/337452/fed-announces-first-rate-cut-in-11-yearsBlack Book will begin offering vehicle verification information to automotive lenders to help reduce misrepresentation about a vehicle's trim and equipped...
https://www.automotive-fleet.com/334384/black-book-offers-vehicle-verification-to-lenders
The Federal Reserve has voted unanimously that it would not hike interest rates any further for the remainder of 2019.
https://www.automotive-fleet.com/328008/what-no-federal-interest-rate-hikes-in-2019-means-to-the-used-market
With the labor market continuing to strengthen and economic activity rising at a solid rate, the Federal Reserve raised the Federal Funds Rate a quarter...
https://www.automotive-fleet.com/304498/fed-reserve-approves-second-rate-hike-of-2018