TrueCar eyes preapprovals
TrueCar, an online new- and used-car marketplace, is pivoting its focus back to the company’s original mission, digital retailing, with an eye toward incorporating preapprovals, VP of ...
Tag: jd power
JD Power to pay $135M for TrueCar’s ALG analytic service
Digital automotive marketplace TrueCar is selling its data analytics subsidiary ALG for $135 million to consumer intelligence company J.D. Power ...
Average new vehicle transaction prices inch up in July
When the COVID-19 pandemic shut down vehicle production in April through June, sales took a hit, and no one knew ...
Interest rates remain low as vehicle sales recover
The average annual percentage rate (APR) for new vehicles continues to decline and vehicle sales are expected to improve in July despite pandemic-spurred setbacks that started in mid-March, according to TrueCar ...
Pulse of the Industry: Captives command over 50% of new-vehicle financing
Captive finance companies are eating up market share for new-vehicle financing as a result of aggressive 0% APR financing incentive ...
New-vehicle interest rates, prices climb in June
Interest rates and transaction prices on new vehicles have increased in June following a pullback from automakers on incentives. The annual percentage rate (APR) on ...
Pent-up demand drives June sales recovery
June’s forecasted new vehicle sales continue on a path of recovery as the market crawls out of the hole dug by coronavirus shutdowns. Total ...
The road to recovery: COVID-19’s residual impact [Feature]
Editors’ note: This feature first appeared in the June issue of Auto Finance News, available now. Ten weeks after the ...
