auto sales

US 2019 Auto Sales Were Lowest In Five Years

US 2019 Auto Sales Were Lowest In Five Years
US 2019 Auto Sales Were Lowest In Five Years
January 03, 2020  |  Retail

Drivers in the United States purchased fewer new vehicles in 2019 than in prior years but spent more money to buy them. Get the Full...

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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. Get...

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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. Get the...

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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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