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Categories: Operations, Remarketing, Vehicle Research
November Sales Report Pushes 2019 Total Closer to 17M

The estimated seasonally adjusted annualized rate of U.S. new vehicle sales continues to hover around the 17 million-unit mark after several major...

https://www.vehicleremarket.com/345952/november-sales-report-pushes-2019-total-closer-to-17m
Categories: Used Vehicle Values
October Sales Point Toward 17M SAAR in 2019

The seasonally adjusted annualized rate of U.S. new vehicle sales could exceed 17 million units for the fifth straight year, a surprise for many, as...

https://www.vehicleremarket.com/344143/october-sales-point-toward-17m-saar-in-2019
Categories: Captive Finance, Vehicle OEM
Mazda Turns to Toyota for Captive Financing

Toyota Motor Credit Corp. will replace Mazda Capital Services as the captive consumer loan and lease financing company for U.S. Mazda dealers, according to...

https://www.vehicleremarket.com/339453/mazda-turns-to-toyota-for-captive-financing
Categories: Operations
Dealer Days' Supply Hits 71 on Weaker Sales

The number of unsold new cars and light trucks at U.S. dealerships reached nearly 3.8 million at the start of August, a 71-day supply.

https://www.vehicleremarket.com/338352/dealer-days-supply-hits-71-on-weaker-sales
Categories: Banks and Credit Unions
Subprime Up 13% as Total Auto Originations Decline

Originations for car buyers and lessees with sub-620 credit scores grew 13% to $27.9 billion, accounting for 21.8% of total outstanding auto balances in the...

https://www.vehicleremarket.com/332680/subprime-up-13-as-total-auto-originations-decline
Categories: Remarketing, Used Vehicle Values
New Vehicle Sales Down 2.3% in April

U.S. new-vehicle dealers sold 1,328,649 cars and light trucks in April, a 2.3% year-over-year decline and a full 3% loss to start the year compared with the...

https://www.vehicleremarket.com/331160/sales-down-2-3-in-april-saar-falls-below-17-million
Categories: Banks and Credit Unions
Embattled Wells Fargo Chief Steps Down

Tim Sloan, president and CEO of Wells Fargo & Co., will retire June 30, the bank announced. General Counsel Allen Parker will serve as interim chief...

https://www.vehicleremarket.com/328433/embattled-wells-fargo-chief-steps-down
Categories: Banks and Credit Unions
Auto Loans Reach $1.14 Trillion

Average monthly payments for new-vehicle purchases ($530), new-vehicle leases ($430), and used vehicles ($381) all reached new highs, growing by 4% to 6%...

https://www.vehicleremarket.com/325672/us-auto-loans-reach-1-14-trillion
Categories: Operations, Remarketing, Technology
Recouping a Better Return When Selling Fleet Vehicles

By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing...

https://www.vehicleremarket.com/157162/recouping-a-better-return-when-selling-fleet-vehicles
Categories: Remarketing, Technology
3 Options for Selling Cars Online

The Internet offers several avenues for small fleets to remarket out-of-service cars, trucks and vans. Here are three ways to get started.

https://www.vehicleremarket.com/146416/3-options-for-selling-cars-online


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