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Colonnade advises Reynolds & Reynolds on the acquisition of Xzilon, Industry Leader of Vehicle Appearance Protection Products

July 2023

July 13, 2023 The Reynolds and Reynolds Company announced today the acquisition of Xzilon, the industry benchmark for high-performance vehicle protection products. The Xzilon brand is well known in dealership F&I departments and is nationally…

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Auto Credit Shrinks to 2-Year Low

July 2023

In May, Cox Automotive reported that automotive credit availability was at its tightest in more than two years.  Cox’s All-Loans index fell to 96.4, the lowest result since February 2021 as credit access fell 8%…

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May US New Vehicle Sales Increased by 22.8% Year Over Year

July 2023

May US New vehicle sales increased 22.8% from 1,119,384 units in May 2022 to 1,374,910 units in May 2023. While there was one additional selling day in May 2023, the magnitude of this increase is…

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Total Unsecured Personal Loan Balances Grew by more than 33% in 2022

July 2023

In 2022, total unsecured personal loan balances grew by more than 33% to $177 billion.  The $44 billion increase came as the Fed began its rate hike, increasing the federal funds rate by 400 bps…

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B2B Marketing has Nearly Returned to 2019 Levels, Growing by 16.9% in 2022 to $49.9 Billion

July 2023

According to Winterberry Group, business-to-business (B2B) marketing has nearly returned to 2019 levels, growing by 16.9% in 2022 to $49.9 billion.  The responses to Covid appear to have caused a permanent shift in B2B budgets,…

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