Tag Archives: rise

The Washington PostGetty Images Experts who pay attention to auto loans see trouble on the horizon and think repo men and women will be busy in the new year. Coronavirus era federal stimulus payments and unemployment benefits are mostly finished, and there’s no hint that we’ll get another aid package …

Consumer demand and short supply pushed up pricing on new- and used-vehicle sales, spurring third-quarter profits for all six publicly traded finance-and-insurance retailers. In a record-setting quarter amid the coronavirus pandemic, all six retailers raised same-store F&I profits by more than $ 100. Several public groups reported record-high F&I profit …

The Consumer Financial Protection Bureau received more complaints about auto loans in the first five months of the pandemic than in any other five-month period since the bureau began tracking the data in its current form starting in April 2017, according to a new report by the U.S. Public Interest …

Average fuel economy improves, despite proliferation of SUVs The average fuel economy of new vehicles in the U.S. increased to 25.1 mpg, which represents a record high in fuel economy and a record low in carbon dioxide emissions, according to an annual report released Monday by the EPA.  2020 Audi …