auto sales

Vroom eCommerce Sales Platform Raises $254M
Vroom eCommerce Sales Platform Raises $254M
December 06, 2019  |  Investments

Vroom, an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the...

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GM Posts Better-Than-Expected Q1 Profits
GM Posts Better-Than-Expected Q1 Profits
April 30, 2019  |  Earnings

General Motors reported quarterly profit that was higher than expected on Tuesday (April 30), and the company said its shares were helped by holdings in...

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CA Auto Dealers Want To Put Brakes On Volvo Subscriptions
CA Auto Dealers Want To Put Brakes On Volvo Subscriptions
January 18, 2019  |  Subscriptions

In an effort to halt Volvo from offering cars to consumers through subscriptions, the California New Car Dealers Association (CNCDA) filed a petition with the...

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Dealers Changing Terms On New Car Financing
Dealers Changing Terms On New Car Financing
October 07, 2018  |  Loans

With interest rates rising, auto lenders are reigning in their 0 percent financing deals that have become the norm over the past few years. According...

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Car Sales Slip On Increasing Interest Rates
Car Sales Slip On Increasing Interest Rates
March 02, 2018  |  Financial Inclusion

February auto sales dipped as tightening credit and increased interest rates have effectively driven up monthly payments and slowed up action in the car markets....

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Honcker’s New Lease On Auto-Leasing
Honcker’s New Lease On Auto-Leasing
February 27, 2018  |  Alternative Finances

There are aggregators for just about everything these days, and loans of all types. Now we can add car leasing to the list. According to...

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December Auto Sales Drop – 2018 Forecast Looks Grim
December Auto Sales Drop – 2018 Forecast Looks Grim
January 04, 2018  |  Retail

December auto sales were lower than expected in the U.S., with the majority of the big vehicle manufacturers reporting a decline year-over-year. According to Wednesday (Jan....

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Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
January 02, 2018  |  Investments

Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if...

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Auto Industry Predicts Black Friday Sales Bump
Auto Industry Predicts Black Friday Sales Bump
November 24, 2017  |  Retail

Auto industry analysts are predicting extended Black Friday deals will offer a bump in car sales this year. Reports in Reuters said industry consulting and...

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