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%…

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…

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…

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,…

While Global microchip production has slightly improved over recent months, output volume continues to pose challenges for global automotive manufacturing facilities. As a result, automotive manufacturing facilities are continuously revising year-end forecasts. However, in the…