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Auto Finance

Newsby StaffFebruary 7, 2022

New Financing Technology Boosts Deliveries for Dealers

In 2021, the company installed a limited distribution of financing kiosks in dealer showrooms, giving customers the ability to apply for a recreational loan in under five minutes and without ever leaving the dealer’s lot. 

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Newsby StaffFebruary 3, 2022

Recent Vintage Loans Perform Well Even as More Non-Prime Consumers Secured Credit in Second Half of 2021

With consumer credit performance maintaining healthy levels across auto, credit card, personal loans and mortgages, lenders continued to ramp up new account origination growth in the non-prime segment of the market near the end of 2021.

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Newsby StaffFebruary 2, 2022

Black Book’s Used Vehicle Retention Index Continues to Increase

The seasonally adjusted Retention Index moved up by 0.6% – the lowest rate of increase since July – reaching 197.0 points during the first month of 2022.

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Newsby StaffFebruary 1, 2022

GM Earnings Jump in 2021

GM reported a net profit of $10 billion for 2021 and reported full-year pretax rose 47% to hit a record $14.3 billion.

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Newsby StaffFebruary 1, 2022

Lexus Sales Close Just Shy of Record Set in 2019

Global sales in 2021 were the second-highest annual result for Lexus. The brand’s all-time sales record of 765,330 units came in 2019 before the pandemic.

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Newsby StaffFebruary 1, 2022

Black Book: Weekly Market Insights

Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.

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Newsby StaffFebruary 1, 2022

India’s Tata Motors' Shares Slip After Quarterly Loss

Shares of India's Tata Motors Ltd dropped 3.7% after the Jaguar Land Rover (JLR) owner reported a larger quarterly loss than expected.

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Newsby StaffFebruary 1, 2022

Cox Automotive Auto Market Report: February 1st

Watch the Auto Market Report video for more data and insights that provide a holistic view of the auto industry.

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Newsby StaffJanuary 27, 2022

Slim Inventory and High Prices to Cause Dip in January Vehicle Sales

Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.

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Newsby StaffJanuary 27, 2022

Kelley Blue Book: 10 Takeaways from 2021 U.S. Auto Sales

Kelley Blue Book has pulled out 10 interesting takeaways from last year’s market performance – a final look at 2021.  

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