Customers report improved auto sales experience this year

Dec 08, 2011 Randy Mosteller

A series of reports released this week have pointed to significant improvements in the U.S. auto industry - a sector that has traditionally employed a major portion of the American labor force.Chiefly, analysts have noted improvements in credit


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Auto transaction prices creep up in November

Dec 08, 2011 Randy Mosteller

Although there's been a slew of positive news regarding the recovering U.S. auto industry of late, transaction prices rose in November. While consumer spending is on the rise, sustained employment trends are needed to maintain and eventually


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Subprime lending returns to auto industry

Dec 07, 2011 Randy Mosteller

Consumers appear to have tightened their finances and grown more frugal as a result of the economic downturn. While credit card balances and delinquency rates have plummeted, lenders appear to be returning to subprime lending.However, the resurgence


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A year-end look at the auto financing market

Dec 01, 2011 Randy Mosteller

While the U.S. automotive sector has shown some strong improvements in recent months, with new loan originations nearing pre-recession levels, not all is on the mend. Loan delinquencies, for example, have fluctuated, recently climbing for the


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TransUnion: Auto loan delinquencies down from a year ago

Nov 26, 2011 Randy Mosteller

A week after TransUnion reported a jump in credit card delinquencies for the first time since 2009, the credit ratings firm reported a dip in late payments on auto loans.According to a report released Wednesday, the national auto loan delinquency


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