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Auto Finance

Newsby StaffJanuary 3, 2023

Black Book: Weekly Market Update

The year closed out with another week of above average weekly depreciation.

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Newsby StaffJanuary 3, 2023

New Vehicle Sales Plummet to Record Lows in 2022

Sales of new automobiles plunged to under 14 million vehicles in 2022, the lowest since 2011, reports Kelley Blue Book.

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Newsby StaffJanuary 3, 2023

Improved Inventories Boost December Sales

Dealer profits still high, though fewer units marked above MSRP.

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ArticlesDecember 29, 2022

Why “Penny- Perfect” Payments Simply Don’t Cut It

The technology of today has far surpassed “penny-perfect,” and those competitors who understand this are cleaning up.

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Newsby StaffDecember 23, 2022

Car Prices to Ease in 2023

Report shows used models in particular to fall as new-car inventory improves.

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Articlesby StaffDecember 22, 2022

Impacts of a Down Economy

It is not clear how current economic conditions will affect vehicle sales, auto lending and remarketing over the next 12 months.

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Newsby StaffDecember 22, 2022

CarMax’s Bad Q3 Results Drag Down Industry

Used-car retailer grapples with waning demand in face of economic challenges.

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Newsby StaffDecember 22, 2022

Security Ops Center Planned at Reynolds HQ

State-of-the art facility to enhance Proton Dealership IT’s cyber threat monitoring and response services.

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Newsby StaffDecember 20, 2022

Black Book: Weekly Market Report

With the holidays approaching, auction lanes are following the trend of past weeks of being slow.

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Newsby StaffDecember 19, 2022

Stellantis Finance Unit Ramps Up

More and more dealers signing onto captive service.

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