Subprime originations rebound in March, reach highest level in a year
The share of subprime financing in March reached its highest level in a year after falling to Great Recession lows ...
Tag: New-vehicle SAAR
New-vehicle sales estimates notch up in November
New-vehicle sales continue to claw back toward pre-pandemic levels. Total new-vehicle sales are estimated to reach 1.24 million units in ...
DOT needs to start another ‘cash for clunkers’ program
At the height of the credit crisis, the federal government introduced a program to save the auto industry. The program ...
American Honda sales drop 54% in April, Hyundai close behind
Major automakers have reported sales declines of up to 54% for April alone, according to monthly sales figures released by ...
COVID-19 strains Santander’s target Chrysler Capital goals
The coronavirus pandemic could put strain on Santander Consumer USA’s financing alliance with Fiat Chrysler Automobiles, according to filings with ...
March SAAR decline a glimpse of April woes
The deterioration of used-vehicle values and decline in total sales volumes during the latter half of March provides a glimpse ...
Remote living drives car sales to crisis levels
When the global financial system crashed back in 2007, auto lenders described the situation as a confluence of one-off events ...
Fintech relationships in the age of COVID-19 [Webinar]
Auto lenders have been steadily beefing up digital initiatives throughout the years, and the coronavirus pandemic is set to put ...
