car sales

• Hurricane Sandy: CU Xpress Lease Sees 200% Surge in Car Leasing

  By Michelle A. Samaad  |  November 20, 2012

  GrooveCar joint venture says post-Sandy numbers up sharply as drivers replace flood-wrecked vehicles.

• Replacement of Older Cars Continues to Drive Auto Loan Growth

  By Michelle A. Samaad  |  October 1, 2012

  Equifax economist says average age of cars on road is now the highest ever recorded.

• Autoland Reports 25% Sales Increase From 2011

  By Michelle A. Samaad  |  September 25, 2012

  A sustained demand for new cars has helped Autoland Inc. post positive earnings through August, the auto buying CUSO said.

• Suffolk Federal Credit Union, Enterprise Team Up

  By Michelle A. Samaad  |  September 18, 2012

  The $890 million credit union in Medford, N.Y., said the new partnership will offer the Enterprise Auto Loan Rate Program to members.

• Credit Union Auto Loans Reach Two Post-Recession Milestones

  By Michelle A. Samaad  |  September 17, 2012

  Just a year ago, credit unions were in the midst of a 2.3% contraction within their auto loan portfolios. Not anymore.

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  Either Way, He's a Winner

  September 7, 2012

  Florida third-grade teacher makes pick between new car or $10,000 in cash in CFE FCU promotion with local car dealer.

• New Car Sales Rebound May Slow by Year’s End

  By Michelle A. Samaad  |  September 5, 2012

  Continuing a year-long trend, sales of new cars and trucks showed a strong rebound in August.

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  Banks View CU Loans as Tasty Chum: Print Preview

  By Michelle A. Samaad  |  August 23, 2012

  The sharks are circling as banks eye boosting their share of car loans. Get the story in this preview from next week's print edition.

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  Banks View CU Loans as Tasty Chum: Print Preview

  By Michelle A. Samaad  |  August 23, 2012

  The sharks are circling as banks eye boosting their share of car loans. Get the story in this preview from next week's print edition.

• Aging Cars May Continue to Drive CU Loan Growth

  By Michelle A. Samaad  |  August 15, 2012

  According to CUNA Mutual Group, used vehicle loans at credit unions were up 3.7% year to date and 6.8% since June 2011.