Tag: Weekly Wrap

Wholesale used-vehicle prices increased year-over-year for the first time since August 2022, while incentives are picking up to drive sales ...

Affordability, credit performance, leasing and digital innovation have been top of mind for auto lenders in 2024.   Car shoppers saw ...

Near prime and nonprime consumers are seeing some relief from affordability challenges in the automotive industry following rate cuts by ...

Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory. ...

Sales at most major automakers increased in October, driven in part by an increase in EV sales.  Overall sales increased ...

More auto lenders announced year-over-year origination growth last week in their third-quarter earnings reports.  Carvana posted a 35.5% YoY increase ...

Bank earnings last week highlighted mixed results as some institutions saw an uptick in auto originations while others’ portfolios shrank.   ...

Chase Auto and Wells Fargo kicked off the Q3 earnings season last week, with both lenders reporting flat or lower ...