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Loan balances reach all-time high, while vehicle price...

With steady sales growth the past several years, the auto industry has had a great run since the trough of the Great Recession in 2009. Based on the latest data published in the State of the Automotive Finance Market report, the auto industry’s robust sales totaled more than 17...

Read More Loan balances reach all-time high, while vehicle prices push more people to used cars and leasing
Customer loyalty grows with age...

The auto industry has had an impressive recovery from the Great Recession and has enjoyed steady growth for the past seven years. After bottoming out in 2009 at 10.5 million new vehicle registrations, the industry has grown each year since, culminating in 17.3 million new vehicle registrations in 2016....

Read More Customer loyalty grows with age
Aging auto buyers – cause for concern? Or Willie Sutto...

If you listen to some of the latest auto industry analysis, you might get the impression that the industry is doomed because younger consumers aren’t interested in buying cars. It is true the vast majority – 61.3 percent – of new vehicle registrations in 2016 were from customers 45...

Read More Aging auto buyers – cause for concern? Or Willie Sutton-style marketing?
Q4 2016: U.S. Vehicles in Operation...

Latest results from Experian’s Market Trends report shows that 17.3 million new vehicles have been added to the U.S. Market of light-duty vehicles on the...

Read More Q4 2016: U.S. Vehicles in Operation
If you live in Michigan, you are more likely to be loy...

With Detroit’s Motor City being the epicenter of the North American automotive manufacturing industry, that detail should come as no surprise. Furthermore, a recent analysis of Experian data showed that of the nearly 12.6 million consumers who returned to market to purchase a new vehicle, 60.9 percent remained loyal to...

Read More If you live in Michigan, you are more likely to be loyal to the brand of car you drive when purchasing your next one
Four-cylinder engine cars are the majority of cars on ...

Experian’s latest Market Trends and Loyalty report shows that for the first time in history, cars with four-cylinder engines have outpaced any other light-duty vehicle type on the road. That’s because the auto industry has been hard at work the past two decades improving both power and fuel efficiency...

Read More Four-cylinder engine cars are the majority of cars on the road today
How healthy is the auto loan industry? Q3 data show le...

This quarter’s State of the Automotive Finance Market report provides a stark reality check for anyone making doomsday predictions about a subprime bubble in the auto industry. While delinquent payments are slightly on the rise, data from the report show that the auto lending industry has responded by reining...

Read More How healthy is the auto loan industry? Q3 data show lenders reduce loans to subprime consumers and increase loans to prime consumers
Trends suggest summer season will see spike in auto sa...

It’s more than mercury that will be up this summer. As temperatures climb, so do automotive sales, which often reach annual highs during the warmest months of the year. Fueled by pent-up demand coming out of the recession, historically low interest rates, and increased competition among both manufacturers and...

Read More Trends suggest summer season will see spike in auto sales
[Infographic]: Off-lease Vehicles Surge Back into the ...

As automotive leasing trends to new heights, a rapid influx of off-lease vehicles are returning to market. Experian Automotive’s latest infographic explores the surge in off-lease vehicles, including which models and vehicle segments are most popular. Click here to download this i...

Read More [Infographic]: Off-lease Vehicles Surge Back into the Market