PNC Financial’s floorplan utilization rate recovering
PNC Financial’s floorplan utilization rate is gradually returning to pre-pandemic levels as inventory on dealer lots continues to improve. Utilization ...
PNC Financial’s floorplan utilization rate is gradually returning to pre-pandemic levels as inventory on dealer lots continues to improve. Utilization ...
Auto sales were mixed in April as improving vehicle supply propped up sales, but high interest rates contributed to softening ...
New-vehicle supply in March grew across the industry but remains mixed as some manufacturers are struggling to fill dealer lots ...
Powersports dealers are facing growing supply, rising costs and a dip in pricing margins ahead of a potential recession, causing ...
Volatile market conditions are squeezing independent dealers’ profit margins amid high interest rates, low used inventory and the inflation-spurred higher ...
More lower-priced used vehicles are available this March than in March 2022, even as overall inventory is low and consumer ...
TD Auto Finance’s floorplan utilization rates have more than doubled after falling to pandemic-spurred lows as new-vehicle inventory improves. ...
Floorplan interest expense increased at publicly traded auto retailers with three retailers tallying triple-digit year-over-year increases, while finance and insurance ...