Listen: Weekly Wrap discussion on Ford Credit debt exposure reduction, declining SAAR
Last week, Ford Credit increased its purchase offer on outstanding debt securities to $3 billion as the industry forecasts declining ...
Tag: new vehicle sales
New-vehicle ATPs jump 14% YoY in May amid stagnating supply
Average new-vehicle transaction prices rose again in May as supply is slow to rebuild. The total number of available unsold ...
High trade-in values offset lower Memorial Day incentives
Car travel is expected to pick up this Memorial Day weekend, but vehicle sales are on pace to decline relative ...
Fed: Spring brings continued vehicle supply woes, increased delinquencies
The auto finance industry continues to feel the ramifications of tight vehicle supply as lenders keep a close eye on ...
New-vehicle supply to remain tight into 2025 amid production setbacks
Following several setbacks in production, new-vehicle inventory is unlikely to mirror 2019 levels until at least 2025. Coming into 2022, ...
New-vehicle sales expected to tick up MoM in February
New-vehicle sales are expected to tick up sequentially in February as the auto industry looks to stabilizing vehicle supply. Industrywide, ...
Avis grows rental fleet 40% YoY in Q4 by leveraging OEM relationships
Avis Budget Group increased its fleet size in the fourth quarter of 2021 by purchasing new vehicles from OEMs as ...
Asbury Automotive’s F&I revenue jumps 32% in 2021
Asbury Automotive is the fourth auto retailer to post finance and insurance (F&I) revenue growth in the fourth quarter of ...
