Tag: Federal Reserve

Industrywide auto outstandings increased year over year and sequentially in the third quarter, but growth is slower compared with previous ...

Increased incentives have spurred vehicle sales in recent weeks in regions where sales had been soft amid high prices.   The ...

Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a ...

Auto sales were mixed for dealers in September and October as affordability woes hampered consumer spending despite the Federal Reserve’s ...

New-vehicle affordability was flat in September as consumers faced ongoing challenges related to high prices, elevated interest rates and rising ...

Auto outstandings rose 0.7% sequentially and 2% year over year in the second quarter as auto portfolios grew, though more ...

LAS VEGAS — Interest rates will need to fall further to make powersports financing more attractive.   In its first ...

LAS VEGAS — Prolonged high interest rates will affect lender appetite in the near term, even with falling vehicle prices ...