New subprime loan volume falls to 8-year low
New vehicle financing in the second quarter has fallen to an eight-year low for the subprime credit tier, said Melinda ...
Tag: covid19
Street bikes, cruisers log Sept. price hikes
The COVID-19 pandemic has led to “unprecedented” price increases in September for powersports road segments such as street bikes and ...
Fiat’s dividend slashed to boost cash after merger with PSA
Fiat Chrysler Automobiles NV and PSA Group amended the terms of their merger to form one of the world’s largest ...
COVID Evolution: Dealers and captives adapt to new era together [Feature]
Charles Darwin said it is “not the strongest that survives; but that the species that survives is the one that ...
US unemployment rate drops by more than expected, to 8.4%
The U.S. labor-market rebound extended for a fourth month in August, offering hope that the economy can continue to recover despite a ...
Farm Bureau Bank, SCUSA execs to lead AFS state of industry session
Auto finance professionals will gauge the state of the industry through the eyes of fellow executives during an interactive session of the Auto Finance ...
US jobless claims give mixed picture with shift in adjustments
U.S. unemployment-claims figures gave a mixed picture of the labor market amid government changes to seasonal adjustments to account for distortions from ...
Weekly Wrap: Auto industry pulls back on consumer assistance
This week, the auto industry is eyeing potential increases in delinquency rates as long-term deferrals come to an end. Since ...
