Podcast: Vehicle repair costs up 43% since 2019, Synchrony says
Amid sustained inflation, more high-tech vehicles in the market and tariff-induced uncertainty, aftermarket repair costs are steadily climbing.Vehicle repair costs are up 43% since 2019 to an average ...
11 Elo 202520min
Carvana’s sales surge in Q2, Ford Credit, retailers’ results mixed
Auto companies saw mixed results in the second quarter related to sales and finance volume, as Carvana’s originations surged, Ford Credit’s earnings rose and Credit Acceptance Corp. and Penske Automot...
4 Elo 20257min
Pagaya president speaks to fintech’s lending strategy
Pagaya Technology’s lenders are leaning on the expansion of their dealership networks for growth as credit quality worsens and credit access remains mixed. Credit access climbed 3.6% year over year an...
29 Heinä 202527min
Ally, Chase, Wells see auto origination growth in Q2
Ally Financial, Chase Auto and Wells Fargo Auto all reported an increase in auto originations in the second quarter, driven in part by a pull-ahead in car purchases by consumers anxious to buy before ...
21 Heinä 20259min
Used EV sales outpace new as Trump bill ends tax credits
President Donald Trump’s One Big Beautiful Bill marks the end of the federal EV tax credits at a time when sales of used EVs and hybrids are ramping up and new EV sales are slowing. The bill, signed J...
14 Heinä 20258min
July 4 sparks 0% deals, Q2 sales robust
Second-quarter sales of new autos were mixed following a spike in March and April ahead of tariffs taking effect, while incentives were robust during the Independence Day holiday weekend. Most major m...
7 Heinä 20257min
Used-EV market ramps up as tax credit end looms
Sales of used electric vehicles are ramping up as it becomes more likely the federal EV tax credit will end and as off-lease EVs return to market. Second-quarter used EV sales are projected to surpas...
30 Kesä 20257min
Motorhome auction volume up from April to May
Listen to this special episode of the “Weekly Wrap” podcast, as Black Book’s Lawrence and National Powersport Auction’s Amata join Auto Finance News Associate Editor Aidan Bush to discuss motorhome an...
23 Kesä 202519min
