30% of repo agencies shut down due to unprofitability
SAN DIEGO — Repossession volume is expected to increase in the coming year, a challenge exacerbated by an estimated 30% ...
SAN DIEGO — Repossession volume is expected to increase in the coming year, a challenge exacerbated by an estimated 30% ...
Used-vehicle values continue to stabilize amid slowing sales and a dip in consumer demand. The Manheim Used Vehicle Value Index ...
Auto demand is softening further as federal interest rate hikes squeeze lenders’ ability to address affordability concerns, and subprime consumers ...
New-car sales are expected to rise in the just-ending third quarter, but a deteriorating market for used vehicles — which ...
CarMax Auto Finance (CAF)’s originations fell 4.2% sequentially in the second quarter of fiscal year 2023 as used-vehicle sales slowed ...
Used-vehicle values declined for the third consecutive month in August as sales picked up and supply improved from a year ...
Tricolor Auto Acceptance this week opened the company’s first stand-alone reconditioning facility as demand for used vehicles and auto loans ...
Automotive fintech Open Lending’s certified loan volume fell year over year in the second quarter as the industry faces continued ...