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New Experian report shows ongoing impact of inventory shortage on automotive finance market, as average vehicle loan amounts and monthly payments continue to rise.
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The overall market continued to see positive movement last week, but some of the segments that have been catching our eye in recent weeks for their pricing movements are now doing so for different reasons.
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State dealer associations in some states have proposed new language in franchise laws to address new concepts in the industry such as over-the-air service updates and vehicle reservations.
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With an improved chip supply, carmakers are at work whittling down order backlogs.
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15,000 dealers equipped with dealership management systems from CDK Global now have access to the new technology.
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This integration will cut down the time it takes dealerships to process F&I, while connecting them with an extensive pool of credit unions.
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The quarterly report aims to reveal the top converting lead sources and partners as detailed through DealerPeak’s proprietary backend data.
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Dealer Specialties is an independent sales and service organization providing F&I products and sales support to automotive and powersport dealers primarily in New York state.
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The window to get the world’s road emissions to carbon neutrality by 2050 is ‘closing quickly,’ BloombergNEF (BNEF) says in its latest Electric Vehicle Outlook.
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The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.
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