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Top 5 themes defining auto finance in 2024 

Affordability, AI, credit performance, EVs, compliance are top of mind 

Amanda HarrisAsh SavageJames Van BramerbyAmanda Harris,Ash Savageand1 others
November 29, 2024
in Risk Management
Reading Time: 5 mins read
0

The automotive industry of 2024 was defined by lingering affordability concerns, still-high car prices, election uncertainty, tight credit availability and cautious consumers.   The average rejection rate for auto loans through October increased to the highest reading since 2013 at 11.4%, up 0.4 percentage points year over year, according to the Federal Reserve Bank of […]

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