Under the Hood: Prime lenders propel 50% boost in 2023 ABS volume
Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ...
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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 deliver the cars, are ...
SAAR outpaces early forecasts
Auto sales in the U.S. beat initial expectations for 2023 as the seasonally adjusted annual rate increased year over year ...
EV tax credit changes prompt leasing uptick
Electric vehicle leasing is gaining traction as manufacturers offer incentives and federal tax credit rules become more stringent. The ...
Podcast: ‘Weekly Wrap’ on EV tax credit changes
Stricter federal tax credit requirements for electric vehicles have prompted price cuts, incentives, and dealer operation changes. Fewer EVs qualify ...
Editor’s pick: Top features of 2023
Auto lenders may have slowed loan production in 2023, but they were busy. From fighting new forms of fraud to ...
Powersports promotions rise in December
Powersports promotions increased in December on a year-over-year basis as dealership inventory rose and consumer demand deteriorated. Manufacturers have been ...
RV sales down as dealers de-fleet old models
New retail sales of recreational vehicles are projected to be down by 20% in 2023 as dealers spent much of ...
