Serious Delinquencies Normalizing to Pre-Pandemic Levels as Many Lenders Make Concerted Effort to Expand Access to Credit
Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.
Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.
The Retention Index decreased to 189.4 points in July as consumer confidence remained at historic lows.
Internal hiring or recruitment has many advantages, including increased motivation, lower hiring costs, cultural fit, easier onboarding, and improved retainment of employees.
The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.
Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.
General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.
Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.
The House is expected to also pass the bipartisan bill that earmarks billions of dollars to boost domestic semiconductor production.
General Motors, Ford Motor and Stellantis may need to boost wages as they negotiate a four-year labor contract for 150,000 employees.
Penske Automotive Group reported a 10% rise in income to $375.9 million in the second quarter, its most profitable quarter ever.
July U.S. auto sales are expected to show very little change from June’s results as a lack of supply continues to batter the new-vehicle market.
The Estimated Average Weekly Sales Rate remains somewhat stagnant, around the 66% mark.
But the automaker remains bullish that stronger results are possible in the second half of the year.
More than 160 dealers, agents, and industry executives took part in the inaugural West Coast Compliance Summit, one of three concurrent events featured at Industry Summit 2016. And more than 80 of them successfully completed the event’s compliance certification component.
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