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Fleet Sales to Hit Skids in 2019

While fleet sales grew 7% in 2018, volume will likely remain flat this year, a new Cox Automotive report shows.  "Will fleet sales increase again in 2019? We don’t believe so," Cox wrote in the report. Fleet sales totaled 2.7 million units last year. Commercial fleet volume, up 9% to 743,000 units, was a primary driver […]

November Lease Approval Rates Second Highest of Year

Lease credit approval rates were at 85.2% for November, the second highest monthly lease approval rate for the year after August, which saw an approval rate of 85.7%, according to Swapalease.com. Year to date, Swapalease has recorded a lease credit approval rate of 69.7%, the highest since the year began, when the rate was at […]

California Dreaming: L.A. Auto Show Highlights

Los Angeles, with its 800-plus miles of freeways, endless broad boulevards, and vast sprawl, is a city built around cars. For that reason, the city’s auto show – a premier event on the car calendar -- is often a bellwether for automotive trends and an event in which product debuts make global headlines.
  • Auto Finance News
  • November 21, 2014
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