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Increased sales, stable loan standards help industry performance (Big Wheels) 

Auto Finance Composite Index up 3% YoY in May 

Amanda Harris

Stronger vehicle sales combined with steady auto loan standards and rejection rates contributed to stronger auto finance industry performance in May and June.   The Auto Finance Composite Index rose 3% year over year and 1% month over month to 145.27 in May. The index rose to 151.45 in June, up 5.5% YoY and 4.3% MoM.   […]

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