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Big Wheels: EV financing volume outlook flat in next 6 months

Most auto financiers are less optimistic about EV financing volumes in the next six months than

Trade organizations tackle add-on product compliance 

Refunds of add-on products following cancellations and voluntary product compliance are some of the biggest pain

CFPB auto lending complaints jump 46% in 2023

Consumer complaints submitted to the Consumer Financial Protection Bureau related to vehicle loans and leases increased

Hertz to sell 20,000 EVs in shift back to gas-powered Cars

Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and

US inflation accelerates, tempering case for Fed to cut rates

US inflation accelerated in December as Americans paid more for housing and driving, challenging investor bets

Big Wheels: Lessors expect stronger lease demand in H1 2024

Auto lessors are expecting an increase in consumer demand in the next six months as new-vehicle

Set pricing, agency model gain steam outside U.S.  

Agency sales models, in which auto manufacturers sell vehicles directly to consumers and use dealerships to

Lower prices, increased incentives lead to buyer’s market in 2024

The new year is shaping into a car buyer’s market as prices come down, incentives increase

Credit Union Auto Lending Surges

David Thompson

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