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Big Wheels: Exponential Used Vehicle Index declines 11%
Used-vehicle values continue to trend downward from 2022’s peak levels but are outpacing pre-pandemic levels. Used-car values remained unchanged from...
April new-vehicle sales expected to tick down 2%
U.S. new-vehicle sales are projected to decline in April while the seasonally adjusted annual rate is expected to finish above...
Sonic Auto F&I revenue inches up
Finance and insurance revenue ticked up slightly in the first quarter for Sonic Automotive while floor plan interest expenses jumped...
Ford Credit penetration rate hits 60% in Q1
Ford Credit’s finance penetration rate soared in the first quarter as finance margin improved and credit performance continued to normalize....
US economy slows and inflation jumps, damping soft-landing hopes
US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run...
HDFS originations inch up 2%, credit losses rise
Harley-Davidson Financial Services’ credit losses inched up while originations increased during the first quarter in tandem with a rise in...
All quiet on the auto ABS front
The auto asset-backed securities market has been chugging through the first four months of the year in a welcome reprieve...
Consumer advocacy groups urge FTC to include auto in junk fee proposal
Auto sales should be included in the latest proposal on junk fees, consumer advocates told an FTC public hearing on...
