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Captives nab back market share in Q1

OEM financiers held 27% of total financing share

Joey PizzolatobyJoey Pizzolato
June 16, 2023
in Risk Management
Reading Time: 2 mins read
0

Captive financiers reclaimed the largest share of total auto financing in the first quarter as new-vehicle financing share surged amid an increase in incentives. Captives edged out credit unions in Q1, holding 26.9% of contracts, up from 24.7% of total share in the same period last year, according to Experian’s Q1 State of the Automotive […]

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