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Auto loan rejection rates plummet
Auto loan rejection rates plummeted over the 12 months that ended in February in a sign of loosening underwriting standards....
Podcast: ‘Weekly Wrap’ on used-car values, new-vehicle sales
Used-vehicle values declined again in March while car sales improved as the industry shifts toward a buyers’ market. The Manheim...
Used-car values drop 15% in March
Used-vehicle values declined for the second consecutive month after holding steady at the top of the year as retail sales...
Under the Hood: Dealer markup probe may hamstring UK market
An expansive investigation into U.K. auto finance practices dating back to 2007 could stymie market growth across the pond for...
Blowout jobs data raise chance of delayed, fewer Fed rate cuts
The biggest US jobs gain in nearly a year boosts the chances Federal Reserve officials will further delay cutting interest...
Synchrony-financed brands increase promotions
Synchrony Financial is supporting dealers as more manufacturers lean on promotional financing and rebates to drive sales. Powersports manufacturers are...
Q1 car sales shine for most automakers
Vehicle sales in the first quarter were a bright spot for nearly every automaker, led by sales strength in March...
Donald Trump’s lenders of last resort: Subprime auto king and online bank
Donald Trump called California “a dumping ground” for “prisoners, terrorists, mental patients” in a September speech. It’s “not a great...
