Auto credit availability improves 8.1% YoY in April
Auto credit availability improved for the 11th consecutive month in April as yield spreads narrowed and loan approval rates ticked ...
Tag: Cox Automotive
Rising interest rates to further stifle affordability
Rising interest rates for auto loans are set to further suppress vehicle affordability as new vehicle production remains hampered due ...
Retention values reach 95% in Q1, surpassing 2021 record
The roller coaster ride continues for retention values on used cars, with values falling slightly this month after climbing to ...
AI paves the way for auto payment estimates without hard credit pull
Artificial intelligence (AI) can be used to calculate payment information as more consumers turn to online channels to shop for ...
New-vehicle supply to remain tight into 2025 amid production setbacks
Following several setbacks in production, new-vehicle inventory is unlikely to mirror 2019 levels until at least 2025. Coming into 2022, ...
Washington auto dealer expands online options with Cox-powered CarBreezy
Titus-Will Automotive Group has launched the new e-commerce platform CarBreezy to expand its online offerings amid the industry’s moves toward ...
NMAC aims for remote transactions to account for 10% of volume in 2022
In line with Nissan Motor America Company’s (NMAC) 2022 goal of increasing e-contract adoption at dealerships, one Texas dealership is ...
Industry Pulse: Examining consumer health amid inflation with Cox Automotive’s Jonathan Smoke
From an economic standpoint, 2022 was off to a slow start as the COVID-19 variant omicron, weather disruptions and inflation ...
