Podcast: Flagship sold to investment firm, Prestige halts originationsÂ
Last week brought more shakeups in the auto finance industry as lender Flagship Credit Acceptance announced it was finalizing a...
Sales & Marketing
New-vehicle interest rates drop 46 basis points
National average interest rates for new and used vehicles dropped this month following several rate cuts from the Federal Reserve. ...
Used-vehicle values climb 1% (Big Wheels)Â
Used-vehicle values are climbing as demand is rising throughout the industry. Sales, however, are mixed. The Exponential Used Vehicle Index, measuring wholesale...
Ford taps Amazon to let shoppers buy Its used cars online
Ford Motor Co. has struck a deal with Amazon.com Inc. to sell certified used cars through its e-commerce website, becoming...
Credit access ticks up 4.1% in October, approval rates fallÂ
Auto credit access improved in October, even as approval rates fell month over month.  The Dealertrack Credit Availability Index, which...
Government shutdown end could boost auto salesÂ
The end of the government shutdown this week could have a positive effect on the auto industry following lower consumer...
Toyota sales climb 11.8% YoY in October, Mazda’s sales plummet 32.6%
Automakers saw mixed sales across internal combustion engine vehicles and EVs in October, the first month since the elimination of...
Credit unions gain share in new-vehicle financing as captives’ share dips
Credit unions saw the highest market share gain for new-vehicle loan originations in the third quarter as interest rate cuts...
