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Auto refinance activity surges YoY in Q3 despite rate hike
Despite the Federal Reserve’s recent interest rate hike, auto refinance activity surged in the third quarter as consumers across the...
Group 1 closes $1.3B Hennessy deal as dealership consolidation deepens
Group 1 Automotive completed its approximately $1.3 billion acquisition of Hennessy Automobile Companies Oct. 19, adding 10 Atlanta-area dealerships as...
New-vehicle auto loan rates decline 72 bps YoY (Big Wheels)
Although new- and used-auto loan rates declined this month, the industry continues to keep an eye on consumer stress, inflation...
Volvo Car sinks to record low as CEO says China market gone
Volvo Car AB plunged by more than 30% to a record low after the Swedish automaker’s chief executive officer said...