Credit availability improves for second month in row
Auto Credit Availability Index rose 1.1% MoM in March
Auto credit access eased across all lender types in March, with captives loosening the most, marking the second consecutive month of improvement in credit availability. The Dealertrack Credit Availability Index increased 1.1% month over month to 94 but remained down 1.5% year over year. The increase in credit availability was driven by an increase in subprime loan […]
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