Consumers hit the gas on hybrids
Hybrid vehicle adoption is expected to increase exponentially as state and federal policy shifts pull back consumer incentives for pure...
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22.4% of Q2 new-vehicle loans longer than 84 months
Auto dealers in the United States and Canada have indicated that higher monthly payments, normalization from pre-tariff sales spikes and...
US consumer debt rises at slower pace on drop in card balances
US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and...
Rising total loss claims: Growing threat to lenders, GAP providers (Off the Lot)
Rising vehicle repair costs, supply chain disruptions and shifting vehicle valuations are creating a perfect storm for lenders and GAP...
Used EVs lead the charge
As macroeconomic pressures forced changes in consumer purchasing patterns in the first half of the year, uncertainty continues in the...
BNPL projected to affect credit scores by 10 points
As buy now, pay later use rises and that debt begins to be reported to credit agencies, the impact is...
Podcast: July 4 sparks 0% deals, Q2 sales robust
Second-quarter sales of new autos were mixed following a spike in March and April ahead of tariffs taking effect, while...
Mercedes car sales drop as tariffs crimp demand in US, China
Mercedes-Benz Group AG’s vehicle sales declined in the second quarter after trade tensions led by President Donald Trump’s tariffs hit...
Nissan to sell ¥150 billion convertible bonds for recovery
Nissan Motor Co. plans to sell about $5 billion in debt to help fund Chief Executive Officer Ivan Espinosa’s turnaround...
