auto sales

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  Credit Unions Beat Finance Companies for Auto Market Share: Experian

  By Michelle A. Samaad  |  June 7, 2013

  In first quarter 2012, credit unions had 16.7% market share compared to 15.5% for finance companies, 10.7% at buy here/pay here lots.

• New Car Sales Drive Loan Originations to 4-Year High: Equifax

  By Michelle A. Samaad  |  May 31, 2013

  Demand for new cars and light trucks pushed auto loan originations to $69.6 billion in January and February, most since 2009.

• Enterprise Car Sales Debuts Largest Used Car Showroom

  By Michelle A. Samaad  |  May 24, 2013

  Henderson, Nev., facility has showroom that can accommodate up to 200 vehicles and is nearly 10 times the size of its predecessor.

• Filene Report Reveals How to Predict Member’s Choice of Auto Lender

  By Michelle A. Samaad  |  May 16, 2013

  Interest rates may not be as important as response to potential borrower. (Check out the graphic at the bottom!)

• Autoland CUSO Reports 17% First Quarter Sales Increase

  By Michelle A. Samaad  |  May 10, 2013

  The Chatsworth, Calif.-based CUSO said its first quarter profitability increased 29% over the same period last year.

• CU Direct Expands into Canada, Partners with Desjardins Group

  By Michelle A. Samaad  |  April 22, 2013

  Partners launch new member auto research and buying website for Canadian market.

• No Signs of Losing Steam With Auto Loan Growth: CU Trends Report

  By Michelle A. Samaad  |  April 15, 2013

  Vehicle loan portfolio expansion continues to be the driving force behind credit union loan growth, CUNA Mutual Group says.

• Lenders Eye Auto Loans with 65- 75- and 97-Month Terms: WSJ

  By Michelle A. Samaad  |  April 10, 2013

  Average new car cost is now $31,000.

• Auto Loan Growth a Top Priority for Some CUs: TransUnion

  By Michelle A. Samaad  |  March 27, 2013

  Survey at GAC finds more than half of respondents saying auto presents greatest loan growth potential.

• Auto Lending Rates Rule the Road

  By Michelle A. Samaad  |  March 20, 2013

  More dealership alliances, better marketing, lower rates or a combination of all three?