Credit availability dips 3%, affordability improves
While affordability improved in January, credit availability worsened as lenders tightened credit standards and approval rates declined. Credit access decreased ...
Tag: new vehicle sales
AutoNation Finance originations up 74%
AutoNation Finance’s origination volume jumped 74% sequentially in the fourth quarter as the retailer launched captive financing at nearly all ...
SAAR outpaces early forecasts
Auto sales in the U.S. beat initial expectations for 2023 as the seasonally adjusted annual rate increased year over year ...
Podcast: ‘Weekly Wrap’ discussion on sales, pricing
Incentives and lower monthly payments are helping drive leasing as vehicle sales improved in November. More than 27% of prime ...
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 ...
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 ...
Lease buyouts pose new-vehicle sales growth opportunity
Lease buyouts pose an opportunity for new-vehicle sales down the road as many consumers have not yet returned to purchase ...
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 ...
