Market’s Favorite Recession Indicator Lurches Lower in New Year
Pedestrians stand in front of an illuminated American flag in the Times Square neighborhood of New York. Photographer: Michael Nagle/Bloomberg ...
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Auto Originations Reach 10-Year High in 2Q: New York Fed
Auto originations hit a 10-year high of $119 billion in the second quarter -- an increase that drove most of ...
Beige Book Reports Weaker New York, Philadelphia
There was a greater variance in auto sales across the Federal Reserve Bank’s 12 districts in the Nov. 28 Beige ...
Under the Hood: Low-income borrowers face payment struggle
Pandemic-era forbearance programs have run their course, putting auto loan delinquency rates — particularly for low-income borrowers — on an ...
Podcast: ‘Weekly Wrap’ on tightened credit, powersports growth
Elevated interest rates and inflationary pressures have prompted auto lenders to tighten credit, leading credit unions to step back and ...
Average auto loan rejection rate ticks up to 11%
The average auto loan rejection rate increased year over year in October, bringing the average rejection rate to its highest ...
When rates take a hike, do auto lenders change strategies?
Ongoing digitalization, unpredictable inflation, increasing cost of funds, changing consumer expectations and an emerging wave of defaults have combined to ...
Industry Pulse: The 2H 2021 forecast with Cox Auto’s Jonathan Smoke
In the August episode of the Industry Pulse webinar, Cox Automotive Chief Economist Jonathan Smoke discusses credit availability, rising used-vehicle ...
