With the 2024 elections fast approaching, it's clear that our fears were warranted. Source: autonews.com … [Read more...]
Editorial: Affordability crisis shrank the market and could do long-term damage
Frustrated consumers unable to purchase a new vehicle may force open the door to the U.S. market to China if automakers can't satiate entry-level demand. Source: autonews.com … [Read more...]
Guest commentary: Why smartsourcing makes sense in a soft automotive economy
The fluctuating economy has yet to bring a full recovery to the automotive lending space, either in the U.S. or Canada. Interest rates remain high, and borrowers who are committed to loans find themselves with less cash than ever because of the inflationary costs of essentials from groceries to gasoline to home heating. Companies are tightening their belts, which often means cutting staff through … [Read more...]