Subprime Lender Has Mixed Q3 Results
Credit Acceptance boosts loan volume, value but lowers collection rate forecast.
Credit Acceptance boosts loan volume, value but lowers collection rate forecast.
Dealer group posts record profit, sales jump.
It was another stable week in the lanes last week. Inventory is still available and consistent, but there has been a noticeable increase of IF sales and no sales.
Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.
Honda points to continued supply issues as overall industry inventory improves.
Stellantis is latest carmaker to signal additional cutbacks.
Soaring material and parts costs offset benefits gained from a plunging Japanese yen and production rebound.
Study provides actionable insights tied to improving the customer experience.
Ford, GM say they’ll ship unfinished vehicles by year’s end as supply issue eases.
Initiating a succession plan will bring relief in clarifying your goals and creating strategies that maximize the value of your business and legacy.
LMC Automotive and J.D. Power predict U.S. auto retail sales will rise in October as supply chains improve and make more vehicles available to dealerships.
In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.
Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing. Transparent pricing upfront makes the car buying process more enjoyable for customers and allows Black Book to accurately measure retail market trends.
According to the Cox Automotive forecast released today, October’s U.S. new-vehicle sales volume is expected to rise over 4% from last year and finish with 1.11 million units sold, delivering a sales pace for October of 14.3 million.
Hyundai Motor Co. will focus on luxury models, SUVs and electric vehicles (EVs) to achieve record-high earnings in 2022.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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