Vehicle Sales
AFN Composite Index
+7.00%
Inventory Index
SOFR
APR 48 Mos.
The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent rate cuts by the Federal Reserve. New-vehicle sales among near prime and nonprime consumers totaled 161,435 in the second quarter, up 1% year over year and 7% compared with Q1, according to a report from automation fintech Open Lending […]
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David Thompson
David Thompson
David Thompson
