Cox Automotive Still Sheepishly Optimistic

It raises its 2024 outlook for new cars to used car sales to a 2% gain, and new cars sold through dealers to 1.6%.

By Jim DuPlessis | April 01, 2024 at 02:00 PM

Cox Automotive revised its outlook for car sales from the slight gain of its Jan. 8 forecast to a slightly better slight gain in its latest forecast.

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As oldest Gen Xers approach age 60, many are unprepared for retirement and concerned about outliving their assets, according to a Schroders survey.

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Its third-quarter report shows credit unions losing 2 percentage points of their share of auto financing originations.

By Jim DuPlessis | December 04, 2024

An NCUA rule change spurred a 579-fold increase in 2022, but growth has been moderate since then.

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