Credit Unions eye growth after flat 2020
Credit union total loan balances rose 5% in 2020, though auto loan volume remained flat, according to CUNA Mutual Group. ...
Tag: used vehicle sales
Will Gen Z bring a new wave of vehicle ownership?
Born after 1996, Generation Z is entering the workforce in the tens of millions. In fact, Gen Z is the ...
Vehicle sales ‘claw back’ from pandemic lows
Vehicle sales are still below last year’s levels but point to continued recovery for the auto industry. Total new-vehicle sales ...
‘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, ...
July used-vehicle values reach new record high
Used-vehicle prices continue to recover as inventory remains low. The July Manheim Used Vehicle Value Index sits at a record high of 158.0, a month-to-month increase ...
Interest rates remain low as vehicle sales recover
The average annual percentage rate (APR) for new vehicles continues to decline and vehicle sales are expected to improve in July despite pandemic-spurred setbacks that started in mid-March, according to TrueCar ...
AutoNation F&I revenue falls in Q2, expansion planned
AutoNation’s second quarter was marked by a decline in both finance and insurance revenue and vehicle sales. Still, the automotive ...
