Automotive News


If anything happens in the industry, we'll provide all of the important details here. Find out what's going on with manufacturers, lenders, compliance laws, and the latest automotive-related studies and reports right now.


Longer  Lasting  Vehicles  and  Used  Car  Demand Longer Lasting Vehicles and Used Car Demand

A Q3 2015 report from the NADA Used Car Guide took a look at how better quality is affecting used vehicle demand.

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Auto  Loan  Balances  Reach  a  Record  High Auto Loan Balances Reach a Record High

We have further confirmation that consumer confidence has returned in a big way following the recession. According to Experian Automotive, outstanding auto loan balances reached a record high in the third quarter of 2015.

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Subprime  Continues  its  Roll Subprime Continues its Roll

According to the latest national auto loan delinquency report from TransUnion, the delinquency rate for both prime and subprime auto loans continued to decline in the second quarter of 2015.

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Trucks,  SUVs,  Crossovers  Driving  Auto  Sales Trucks, SUVs, Crossovers Driving Auto Sales

The first six months of 2015 were a red-hot time for auto sales, and the industry is in for a promising second half as well, if the July numbers are any indication. The SAAR rose to 17.55 million at July's end, and consumer appetite for large vehicles like trucks, SUVs, and large and midsize crossovers is the main reason why.

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The  Mortgage  Crisis  vs.  Current  Auto  Lending The Mortgage Crisis vs. Current Auto Lending

The auto industry's recent hot streak has some experts linking current auto lending trends to the mortgage lending practices prior to the recession. However, it's impossible to connect the two markets because they are so different.

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Subprime  Auto  Loan  Credit  Bubble  Non-Existent Subprime Auto Loan Credit Bubble Non-Existent

After a strong June, new car sales in the U.S. are predicted to reach 17.4 million in 2015, according to Kelley Blue Book. The National Automobile Dealers Association?s SAAR estimate is slightly lower at 17.2 million.

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ACE  BDC  Sets  New  Record  for  Auto  Sales ACE BDC Sets New Record for Auto Sales

March was a record month for the Auto Credit Express BDC. Each rep processed nearly 250 new special finance leads, in addition to following up on 500 leads from previous months.

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Consumer  Sentiment  Improves  Slightly  in  December Consumer Sentiment Improves Slightly in December

According to the preliminary consumer sentiment survey from the University of Michigan two components of the survey saw improvement from November.

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CSM  -  Supply  Base  and  Every  Automaker  Threatened  by  a  Detroit  3  Bankruptcy CSM - Supply Base and Every Automaker Threatened by a Detroit 3 Bankruptcy

An analysis by market forecasting company CSM Worldwide shows that the every North American automaker as well as the entire automotive supply base would feel an immediate impact if any of the Detroit 3 would file for bankruptcy.

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