Auction values uncertain amid market turbulence
As the impact of the COVID-19 pandemic continues to spread, vehicle auction companies are still determining how the virus will ...
Tag: Cox Automotive
Pandemic spurs online-only auction sales at Manheim
Manheim, the auto finance industry’s hub for dealer auction sales, is shuttering its physical auction lanes through April 3 due ...
Access to funds dampened by coronavirus unease
Nonbank auto lenders, such as captives and independent financiers, will likely find it harder to secure additional liquidity from capital ...
Uptick in used-vehicle values push February SAAR
Used-vehicle values are continuing to increase as wholesale used-vehicle prices bumped up 1.35% in February, bringing the Manheim Used Vehicle ...
HyreCar inks partnership with Clutch Technologies
Carsharing marketplace HyreCar has partnered with Clutch Technologies, a software platform focused on subscription and mobility services under the Cox ...
Used-vehicle values jump in January
Used-vehicle values outpaced expectations in January, according to the Manheim Used Vehicle Value Index. The index clocked in at 141.6, ...
Under the hood: What to expect in 2020
Last year, the chatter amongst lenders in the auto finance industry pointed toward expectations of a recession. Yet, as the ...
Delinquency rates push up subprime APRs
Record severe delinquency rates – loans 60-or-more days past due – are the key reason that subprime annual percentage rates ...
