Author: Automotive News Feed
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Automakers driving banks from buoyant new car market, financing
Captives are providing subsidies from automakers, lowering monthly payments and extending loan terms to make it easier for buyers to drive away in a shiny, new vehicle — creating formidable competition for banks and other lenders.
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Most big dealership groups lift FandI revenue
Finance and insurance revenue is rising at an overwhelming majority of the nation’s largest dealership groups.
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Estimated Europe registrations by country, May and YTD
andnbsp;May 2014May 2013% change5 mos. 20145 mos.
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Estimated Europe registrations by make, May and YTD
andnbsp;May 2014May 2013% change5 mos. 20145 mos.