Browsing Category
Independent
380 posts
CPO sales stay above 200K in November
Certified pre-owned sales continue to average more than 200,000 per month. More than 2.4 million CPO sales have…
Used vehicle sales on pace to finish year at 35.9 million
Used vehicle sales finished November a little behind the 2022 total for the same month. According to Cox…
Role-playing helps drive home lessons on collections
Standing in front of the class, Bill Elizondo transformed from teacher into the on-site collections manager. One by…
Federal Reserve keeps rates steady, signal change could come next year
The Federal Open Market Committee elected not to change interest rates for a third straight meeting. The FOMC…
Inflation rate decreases
With the Federal Reserve set to decide on if it will continue the pause on interest rates Wednesday,…
FTC finalizes vehicle shopping rule
The Federal Trade Commission Tuesday finalized its automobile purchasing rule, which the agency says will combat “junk fees”…
Drop in wholesale used vehicle prices slows
Depreciation slowed slightly in the wholesale used vehicle market in the first full week of December. The market…
Retail used vehicle sales finish November down
Used vehicle retail sales slowed in November. Sales were down 7 percent from October and lagged 2 percent…
Economy adds 199K jobs in November
Job gains were up slightly in November but remain off the pace of the past year. In November,…
Used vehicle registrations drop through the third quarter
Used vehicle registrations are down 2 percent through the third quarter. Through September, 29.3 million used vehicles were…