News Feed
Texas hailstorm triggers $1.6M in dealer insurance claims
Sales volume is mixed at Texas dealerships despite a wave of incentives following a hailstorm in May that damaged hundreds...
Off the lot: New opportunities in a shifting auto market
After the most challenging automobile market most have ever seen, there are signs that parts of the market are returning...
Canadian dealers face higher costs, limited floorplan options
Canadian auto dealers facing higher floorplan costs are being strategic when it comes to supply on their lots as consumers...
New-vehicle listings jump 52.6% YoY
The volume of new vehicles listed for sale increased year over year in May while used-vehicle listings declined. New-vehicle listings...
Big Wheels: Banks tighten standards as demand for auto loans wanes
Banks tightened lending standards for auto loans in the first quarter of 2024 while demand for consumer and car loans...
New vehicle lease share up nearly 5 percentage points
Leasing penetration continued to climb in the first quarter as inventory levels normalized and incentives on electric vehicles inched up. ...
Podcast: ‘Weekly Wrap’ on market share, powersports
Auto lenders were active in the capital markets last month as credit union issuance picked up, while market share among...
April delinquencies near 3.5%
Short-term delinquencies are on the rise as credit access remains tight and high monthly payments continue to squeeze consumers. The...
