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Larissa Padden

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Days’ supply reaches highest level since March 2021

New-vehicle days’ supply in November reached the highest level since March 2021, but improving inventory did

Hybrid option key to talent acquisition

Hybrid and flexible work options may be key for auto finance companies to attract and retain

DriveItAway expands subscriptions to Canada 

Mobility platform DriveItAway Holdings has expanded its car subscription services to Canada in a fresh partnership

Lendbuzz closes $135M credit facility with Regions Bank

Artificial intelligence-based auto lender Lendbuzz has secured a fresh credit facility with Regions Bank to expand

TrueCar Plus expands to 5 new states, plans additional rollout 

TrueCar has expanded its online car-buying and financing platform into five additional states while introducing new

Europe car sales continue rebound on easing supply snarls

Auto sales in Europe climbed for a fourth month in November as supply-chain issues continued to

Deep subprime loan terms fall to 8-year low 

Loan terms fell to an eight-year low in October across deep subprime auto asset-based securities (ABS)

New-vehicle ATP hits record high, again

New-vehicle average transaction prices (ATP) ticked up for the second straight month, reaching a new record

Credit Union Auto Lending Surges

David Thompson

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