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Joey Pizzolato

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Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops

The Federal Reserve’s preferred measure of underlying US inflation moderated in April and consumers dialed back

Banks regain lead in used market with 28% of loans 

Banks regained their position as the leading lender type for used vehicles in the first quarter

Auto lenders buckle up for refinance ‘boom,’ competition 

Auto lenders should prepare for a wave of refinance demand in the next two years or

Leasing reaches 35% of new EV purchases

Leasing has become an attractive option for EV consumers, nearly tripling in the first quarter from

US GDP growth was slower last quarter on soft consumer spending

The US economy grew at a slower pace in the first quarter than initially reported, primarily

Fed: Incentives pick up as auto sales fall flat 

Automotive retail sales were mostly flat in April as manufacturers continued to offer incentives to spur

Auto lenders weigh sustainability in decisioning 

Auto lenders are considering environmental factors when making financing decisions, a move that could affect which

Big Wheels: New-, used-vehicle loan rates rise more than 50 bps 

Auto loan interest rates on new and used vehicles inched down sequentially in May but remained

Credit Union Auto Lending Surges

David Thompson

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