Motorcar Parts of America reported results for its fiscal 2021 fourth quarter and year ended March 31, reflecting record sales for the quarter and fiscal year with strong profitability. Net…
U.S. Senate Majority Leader Charles E. Schumer announced Senate passage of the U.S. Competition and Innovation Act, which combines Schumer’s Endless Frontier Act, other bipartisan competitiveness bills, and includes $52…
May remittance reports showed auto loan credit trends remained strong during the April collection period, according to Kroll Bond Rating Agency’s (KBRA) auto loan ABS indices for May 2021. Early-stage…
Mazda North American Operations (MNAO) reported total May sales of 42,187 vehicles, an increase of 69.2 percent compared to May 2020. Year-to-date sales totaled 156,562 vehicles; an increase of 58.4…
The Consumer Price Index rose 0.6 % in May, after rising 0.8 percent on a seasonally adjusted basis in April, the U.S. Bureau of Labor Statistics reported. Over the last…
Because of inventory shortages, nearly 10% of recent car buyers drove out of state to purchase their desired vehicle, with more than half (52%) traveling 25 miles. Nearly 20% travelled…
Swapalease.com, a national car lease marketplace, reports car lease credit applicants registered a 69.9% approval rate in May. The approval rate is a very small decrease from the 70.7% approval…
Barrett-Jackson Auto Auction will auction the world’s very first collector car NFTs at the upcoming 2021 Las Vegas Auction, June 17-19. The four NFTs, the first of the series of…
ACV is now selling title-dependent products available through its financing arm, ACV Capital. Continuing to build on the current flexible financing options, new innovative product offerings increase the trust and…
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