EV sales forecasts look grim after the federal EV tax credit expires Sept. 30, dealers say. Dealers expect EV sales to fall after the $7,500 federal tax credit expires on Sept. 30, and demand thereafter remains uncertain, according to Cox Automotive’s Electric Vehicle Market Outlook released Sept. 3. The index dropped to 30, the lowest […] The post EV sentiment falls to record low despite sales boost appeared first on Auto Finance News.| Auto Finance News
Buy here, pay here dealership Oak Motors is slowing approval of credit applications as long-term affordability concerns persists and despite increased volume. Anderson, Ind.-based Oak Motors’ applications were up 30% year over year at the beginning of September, according to data the dealership group provided to Auto Finance News. The dealership group did not specify the […] The post Podcast: BHPH dealer Oak Motors’ applications up 30%, approvals fall appeared first on Auto Finan...| Auto Finance News
Toyota Motors North America and American Honda saw upticks in certified pre-owned vehicle sales in July and August as sales rose industrywide. Toyota Certified Used Vehicle (TCUV) program sales jumped 12% from the beginning of 2025 through the end of August at 234,768 vehicles sold, Brett Keckeisen, TCUV sales operations manager, told Auto Finance News. […] The post Toyota CPO sales jump 12% appeared first on Auto Finance News.| Auto Finance News
Consumers are repairing their older vehicles and moving away from purchases as dealers in some Federal Reserve bank districts began passing on tariff costs to buyers. Dealers and auto repair shops in the Atlanta, St. Louis and Minneapolis Fed regions — covering 19 states — reported an uptick in demand for vehicle parts and […] The post Beige Book: Auto repairs tick up as consumers pump brakes on new purchases appeared first on Auto Finance News.| Auto Finance News
Delinquencies climbed across auto loans in the second quarter, but at a lower rate than a year ago, as student loan repayments...| Auto Finance News
Banks grew their market share of used- and new-vehicle financing in the second quarter as credit unions and captives saw used share shrink,..| Auto Finance News
PakWheels has come a long way from its beginnings as a blog where auto aficionados came together to quibble about the local scene.| Insights by Data Darbar