Tag Search Result


Captives Recapture US Vehicle-Financing Market

Experian reports their financing rate outpaces banks and credit unions.

Read more

EV Market Cools for Some Startups, Legacy Brands

Experian data shows Tesla captured six out of 10 EV sales, slowing deliveries of other automakers’ EVs.

Honda, Chase Auto Lose Lending Market Share

The lenders lost over one point of new-car loan and lease market share in 2022, finds Experian.

Consumers Find Ways to Cut Car-Purchase Costs

Q1 numbers show they’re trying new tacks to combat the effect of high interest rates, still-high vehicle prices.

Experian Releases Used EV Finance Data

Consumers financed more than 91,000 used electric vehicles (EVs) in 2022, up 45% from 2021, according to Experian data.

State of the Automotive Finance Market: Q3 2022

New Experian report finds average loan terms extend for new and used vehicle loans as interest rates rise.

Consumers Shifting Back to Used Vehicles as Inventory Shortages Continue

As used originations increase, credit unions reach nearly 26% total vehicle financing market share, the highest volume in five years.

EV Competition Heats Up

Tesla faces new competition as new electric vehicle manufacturers come onto the scene.

Tesla Tops EV Sales in First Half of Year

The automaker’s new vehicle registrations grew 61% in the first half of the year to take the top spot among luxury automakers.

Read more

Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years

New Experian report shows ongoing impact of inventory shortage on automotive finance market, as average vehicle loan amounts and monthly payments continue to rise.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account