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Consumer demand shifts to vehicles under $50K

New-vehicle average transaction prices ticked up in August after falling slightly in July as new vehicles

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Illinois law will require repo agencies to wipe consumer data

An Illinois bill requiring repossession agencies to wipe consumer data from vehicles before they leave repo

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Deloitte global economist to present at Auto Finance Summit 2023

Deloitte Chief Global Economist Ira Kalish will present on macroeconomic trends affecting the automotive industry during

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Subprime-focused car dealer U.S. Auto Sales goes bankrupt

U.S. Auto Sales Inc., a car dealer that catered to consumers regardless of their credit history,

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Westlake expands offering with Pagaya AI

Westlake Financial’s ability to leverage Pagaya Technologies’ AI-driven decision-making capabilities is contributing to growth in the

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Towable values drop 13% as dealer inventory woes persist

Towable and motorhome values dropped in July alongside RV shipments as dealers and OEMs navigated inventory

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UAW eyes strikes at big three with talks still ‘far apart’

The United Auto Workers and the Big Three Detroit carmakers are still “far apart” on a

  • Bloomberg News
  • September 13, 2023

Asbury Automotive’s $1.2B deal for Koons highlights dealership M&A strength

The deal Asbury Automotive inked last week to acquire Jim Koons Automotive Companies for $1.2 billion,

  • Amanda Harris
  • September 12, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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