Is excitement over the US auto industry warranted?

Jan 19, 2012 Randy Mosteller

A number of recent reports have alluded to a considerable recovery in the U.S. auto industry. While Bloomberg reported that 2011 was the strongest year for auto sales since 2008, delinquency rates on auto loans have fallen substantially.But


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NADA: Demand for used automobiles to climb in 2012

Jan 18, 2012 Randy Mosteller

Higher values on trade-in vehicles may boost auto sales this year, according to a report released this week by the National Automobile Dealers Association.Jonathan Banks, executive auto analyst with the NADA Used Car Guide, explained in a statement


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Auto lenders targeting troubled mortgage owners to weigh credit performance

Jan 14, 2012 Randy Mosteller

Signs of mortgage troubles have always been a red flag for lenders making consumer credit decisions. However, a trend is emerging in the auto financing industry in which lenders are sifting through loan applications by delinquent or sub-prime


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2011 to show strongest US auto sales in three years

Jan 03, 2012 Randy Mosteller

After years of recession-tinged struggles, the U.S. auto industry is expected to enjoy its best sales year since 2008, according to a report from price-tracking website TrueCar.com. The report noted some 12.8 million cars have been sold this


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Fitch: Auto ABS to remain steady in 2012

Dec 25, 2011 Randy Mosteller

Fitch: Auto ABS to remain steady in 2012

While a number of economists have expressed concern over the return of sub-prime lending in the auto financing sector, a new report from Fitch Ratings may quell such fears. According to Fitch, November noted considerable stability in the auto


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