ATLANTA — With the subprime slice at levels “essential for a healthy economy,” the latest Equifax National Consumer Credit Trends Report indicated the total balance of auto loans midway through 2014 soared to a record high.
Sparked by a growth rate of more than 10 percent, Equifax said on Thursday the total balance of auto loans in finance company portfolios now stands at $902.2 billion.
Thursday, July 24, 2014
Tuesday, July 22, 2014
BMW to Increase Production in China
Used Car Sales
BMW AG announced that it will be making three new models in China this week, significantly increasing its production in the region. The German carmaker said these new models would increase the number of models it manufactures in the world’s largest auto market to Six from three
BMW AG announced that it will be making three new models in China this week, significantly increasing its production in the region. The German carmaker said these new models would increase the number of models it manufactures in the world’s largest auto market to Six from three
Sonic Breaks Used Sales Record Hits Goal of 100 Units Per Store
Used Car Sales
CHARLOTTE, N.C. — As the public dealer groups began reporting their second-quarter performances in full force, Sonic Automotive revealed it reached an all-time high for used sales.
The company sold a record 28,514 pre-owned units in Q2.
Pre-owned units sales per store per month were up, as well, reaching 100 units in May and 93 units for the second quarter as a whole.
CHARLOTTE, N.C. — As the public dealer groups began reporting their second-quarter performances in full force, Sonic Automotive revealed it reached an all-time high for used sales.
The company sold a record 28,514 pre-owned units in Q2.
Pre-owned units sales per store per month were up, as well, reaching 100 units in May and 93 units for the second quarter as a whole.
Monday, July 21, 2014
Turn Your Auto Notes Into Cash!
Sales of new cars and trucks from the Detroit automakers were stronger than expected.
All three beat expectations with Chrysler showing a bigger-than-forecast 9.2% gain, Ford showing a shallower-than-forecast 5.8% dip and General Motors overcoming more recalls to eke out a 1% gain instead of a predicted drop in sales vs. last June.
2015 Dodge Challenger Hellcat Production Limits May Cause Massive Markups - Torque News
http://news.google.com Mon, 21 Jul 2014 16:39:49 GMT
Precedent setting year for vehicle recalls - www.insidebrockville.com/
http://news.google.com Thu, 17 Jul 2014 18:38:50 GMT
Precedent setting year for vehicle recallswww.insidebrockville.com/Recalls are still in the news with more GM, Ford, Chrysler, and Subaru recalls being announced. Most carmakers offer a ... No matter what you drive, make sure your auto maker has your ...
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