Tag: Q3 2020

Millennials and Gen Z consumers have proven to be future trend shapers for the auto industry.

Experian Automotive Market Insights includes an in-depth analysis of auction volume across the United States.

Small SUVs became the most financed vehicle segment in Q3 2020, making up 26.01% of all financed vehicles during the quarter.

According to Experian’s Q3 2020 State of the Automotive Finance Market report, 26.20% of all new vehicles are leased compared to 30.27% last year.

While things aren't quite back to normal in Q3 2020, there were a number of positive trends that demonstrates the automotive industry's resilience.