Near prime, nonprime new-vehicle sales up 1% year over year
Used sales declined YoY, sequentially
The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent rate cuts by the Federal Reserve. New-vehicle sales among near prime and nonprime consumers totaled 161,435 in the second quarter, up 1% year over year and 7% compared with Q1, according to a report from automation fintech Open Lending […]
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