Risk Management
Consumers continue to delay purchases, shift to used market amid chip shortage
Dealerships are facing new challenges as nearly half of all consumers looking to purchase a new vehicle postponed their purchases...
Worsening chip woes to cost automakers $210B in sales
The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to 2021 revenue...
Delta variant, reduced spending on services, inflation throw wrench into economic recovery
Low economic growth will likely be a defining feature of the U.S. economy and in much of the developed world...
Pandemic drives 10% F&I product sales volume jump in Q2
Finance and insurance (F&I) product sales have jumped nearly 10% from a year ago, driven by an increase in digital...
High buyback values create silver lining for lenders
COVID-19 has turned the auto finance industry on its head, not to mention the adage that a car loses 30% of its...
Lower inventory, new strategies: Dealers adapt post-COVID
New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers...
Auto forecaster slashes outlook by most since chip woes emerged
A forecaster whose production projections are cited by automakers, suppliers and research analysts the world over just took its biggest...
Unemployment fraud activates hundreds of thousands of fraudsters
The same economic stimulus that kept consumers current on their auto payments is giving rise to a new population of...
