New-vehicle market continues shift to lower interest rates
A recent shift away from higher interest rates may create an opportunity for auto lenders to target customers in lower ...
Tag: Cox Automotive
Auto industry experts predict tight supply, price increases in 2021
Supply will remain one of the greatest barriers to new-vehicle sales in the coming months, with inventory sitting 17% below ...
Vehicle affordability improves MoM for first time since May
Vehicle affordability is normalizing following months of rising car prices. Though slightly lower than last year’s levels, affordability increased in ...
COVID outpaces credit availability as a dealer concern
For auto dealers, the COVID-19 pandemic surpassed credit availability and inventory shortages to become the top concern in the fourth ...
Ring in the holidays: November brings incentives
November is marked by an increase in subvented financing rates as auto manufacturers enter the holiday season, but incentive spending ...
Inventory woes ease as supply builds
New- and used-vehicle inventory is on pace to normalize after months of constricted volume as a result of coronavirus-spurred halts ...
‘Inventory is king’ as supply drives competition
The U.S. auto industry’s third quarter was marked by competition driven not by price, but by supply, Brian Finkelmeyer, senior ...
Pent-up demand to normalize after COVID spike
Pent-up demand for new and used vehicles is starting to normalize following a spike in May and June, Jonathan Smoke, ...
