BRP powersports sales down 5%
Canadian powersports manufacturer Bombardier Recreational Products’ North American retail sales declined year over year in the first quarter as tight ...
Motorhome values fall 9% YoY
Motorhome and towable values fell year over year in April but continued an upward climb sequentially — falling in line ...
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 their spending, supporting plans ...
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 of 2024 while captives ...
Auto lenders buckle up for refinance ‘boom,’ competition
Auto lenders should prepare for a wave of refinance demand in the next two years or risk losing market share ...
Leasing reaches 35% of new EV purchases
Leasing has become an attractive option for EV consumers, nearly tripling in the first quarter from a year ago. . ...
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 reflecting softer consumer spending ...
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 sales amid affordability concerns ...
