OEM sales rise, on pace to hit 15M units
New-vehicle sales were propped up by improving supply and strong demand in November as the market could surpass 15 million ...
Tag: inventory
Incentives lean heavily on leasing
Vehicle incentives favor leasing and shorter-term loans as inventory rebuilds and automakers tap into pent-up demand. Cash deals on leases ...
Affordability, delinquencies, supply: 3 themes at Auto Finance Summit
LAS VEGAS – Elevated interest rates and rising monthly payments are exacerbating affordability concerns as delinquencies rise across prime and ...
Spotlight: Honda Finance’s Petar Vucurevic on dealer relationships, growth
Dealer relationships are key to American Honda Finance Corp.’s growth amid inventory constraints and elevated interest rates. The captive this ...
New-vehicle sales jump YoY in Q3 despite high rates
New-vehicle sales are projected to be up 15% year over year in the third quarter on the heels of improving ...
Industry braces for higher prices, limited supply amid UAW strike
The United Auto Workers strike is likely to drive up vehicle margins and lead to fewer loans on lenders’ books ...
Open Lending chief: Big 3 inventory should hold up — for now
AUSTIN, Texas — Open Lending Chief Executive Keith Jezek is optimistic that the United Auto Workers strike against the Big ...
Automakers predict elevated margins, tight supply
Auto manufacturers expect tighter supply and elevated new-vehicle margins to remain following pandemic-driven changes during the past three years, but ...
