Thank you for sharing!

Your article was successfully shared with the contacts you provided.

You’re likely to see auto lending pick up in 2011. Many of those loans will be for practical rather than high-end vehicles. More young members may seek auto loans. Sales of domestic makes are likely to improve. That’s the picture sketched by Jeff Schuster, executive director of automotive forecasting at J.D. Power and Associates.

“Sales have improved,” Schuster noted. “The trough was in 2009 with 10.4 million units. In 2010, we’re looking for 11.5 million. In 2011, we expect continued slow but steady improvement to 12.8 million.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Dig Deeper


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.