According to Kelley Blue Book, the average transaction price for a new vehicle in the U.S. hit a record high in December. Average prices hit $49,507, a 4.9% year-over-year increase and a 1.9% month-over-month increase….

Aggregate private equity exit value declined 32.1% from $576.4 billion in 2021 to $391.4 billion in 2022. Within the same period, the total value of private equity IPO exits dropped 68.2% while aggregate trade sale…

Cox Automotive expects 2022 automotive sales to finish the year at the lowest level since 2011, down 8% compared to 2021. The decline in sales is attributed to a supply shortage in the first half…

Stimulus and higher savings rates during the covid lockdowns contributed to a 22% increase in bank deposits in 2020, significantly decreasing banks’ cost of funds. However, deposits began declining in the second half of 2022,…

The recent Household Debt and Credit report by the New York Fed shows that the student loan pause is positively impacting total consumer loan delinquencies.  Prior to the pause, approximately 10% of student loans would…