Auto Credit Access Stable
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AE eMagazine

Expensive full-size pickup trucks revved the average transaction price higher. Ford's F-150 series is the U.S. top-selling vehicle. - Ford

New-Vehicle Market Rebalance Continues

Prices down as inventory, incentives head in the other direction.

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Year-over-year, access was greater in every channel but franchised used sales, which was flat, and for all lender types. - Pexels/Mike Bird

Auto Credit Access Stable

May mix of conditions shows year-over-year loosening by most measures.

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The Tesla Model Y was the top global seller last year, the first purely electric model to lead. - Pexels

Global Auto Sales Jumped Last Year

China sales surpassed U.S. brands for first time as Europe sees most growth and SUVs gain biggest market share to date.

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Voting is now open for the 20th annual Dealers’ Choice Awards, a program designed to recognize auto dealers’ favorite vendors, suppliers, and finance partners. - IMAGE: Pexels

Voting Open for 2024 Dealers' Choice Awards

Voting is now open for the 20th annual Dealers’ Choice Awards, a program designed to recognize auto dealers’ favorite vendors, suppliers, and finance partners.

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The new targets stand in stark contrast to the 13 miles per gallon the average U.S. vehicle got when Congress introduced fuel-economy standards in the 1970s. - Pexels/Erik McIean

Final Fuel-Economy Rule Sets Lower Bar

Automakers must now achieve less-ambitious average for passenger cars, light trucks.

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Annualized, nearly 8% of auto loans slipped into delinquency in the fourth quarter of last year. - Pexels/Karolina Grabowska

A Good Deal

Rising auto loan delinquencies, though bad news, could be another opportunity for agents to help dealers comes down from pandemic highs.

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U.S. auto insurance rates are up 11% on average over the past year, but insurers are still losing an average of five cents on the dollar in collected premium. - Pexels/Vlad Deep

Trust Lacking Among Insureds

But despite rate hikes, insurers can gain trust by managing expectations.

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Verifying a Social Security number requires a little work. - Pixabay

Social Security Numbers: A Key to Identity Theft

There are steps you can take to protect your dealership.

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Transferring credits to the auto dealer, essentially giving buyers a down payment rather than the consumer waiting to get the money back at tax time, has been popular. - Pexels/Dids

EV Tax Savings Tabulated

U.S. says $1 billion-plus saved by buyers since the new year, tallies lifetime savings versus gas-powered ownership.

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Attorney James Ganther says the CARS rule in its current form exceeds consumers' desires. - Pexels/Kampus Production

Cracks in the FTC CARS Rule Armor

The industry pushes back over cost of compliance, disclosure definitions, informed consent, and pricing rules.

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