TITLE

Auto Sales Set New Record In 2015, With More to Come in 2016

AUTHOR(S)
Bartlett, Michael
PUB. DATE
February 2016
SOURCE
Cujournal.com;2/12/2016, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Credit unions are outperforming other auto lenders, but experts warn some may need to rethink their pricing for risk.
ACCESSION #
112989485

 

Related Articles

  • Showdown In The Showroom.  // Credit Union Journal;3/5/2012, Vol. 16 Issue 10, p1 

    The article reports that the U.S. credit union's automobile loans and sales market have leveled to 17 percent in 2012 with their online car-buying services.

  • Credit unions take long-loan lead. Henry, Jim // Automotive News;9/8/2014, Vol. 89 Issue 6637, p0022 

    The article reports on the role played by U.S. credit unions in leading the charge into longer car loan terms as customers seek to keep their monthly payments flat. Topics discussed include decline in 72-month terms and below which used to be popular, increases in the 73- to 84-month category in...

  • Auto Market Rebirth Spawns A Bounty of Opportunities. Samaad, Michelle A. // Credit Union Times;7/25/2012, Vol. 23 Issue 28, p1 

    The article reports on the recovery of the automobile industry in the U.S. from the Great Recession. It mentions the growth in sales of domestic car and truck. It notes the increase sale of car imports and the dominance of Chrysler Corp. in sales growth among General Motors Co. and Ford Motor...

  • Consumer Confidence Boosts Credit Union Auto Loans in 2012. SCHREIER, LAURA // CenterPoint;Spring2013, p20 

    The article offers information on the rise of automobile loans of credit unions in the U.S. in 2012. It states that 2012 is a great year for credit unions due to the 13.3% rise of new car sales across the country. Moreover, it cites that the high car sales manifests improved consumer confidence...

  • Expect Strong Loan Growth in 2015: Experts. Passman, Aaron // Cujournal.com;1/07/2015, p5 

    The article presents experts' forecast on the potential growth in loan and gains for credit unions in 2015. Data provided indicated the estimated car sales in 2016 and incentives for manufacturers as employment rate improves. Also discusses are the possible increase in delinquencies, a boost to...

  • 5 Auto Lending Predictions CUs Should Watch For In The New Year. Birch, Ray // Credit Union Journal;1/13/2014, Vol. 18 Issue 2, p16 

    The article discusses new and used car sales in the U.S. in 2013 as it presents auto-lending predictions for 2014 according to Black Book that could help credit unions map out their strategies. Black Book reports that used car values did not decline as much as expected despite strong new car...

  • New Auto Sale Records Lead to Positive 2016 Forecast. ATKINSON, WILLIAM // Credit Union Times;2/3/2016, Vol. 27 Issue 3, p8 

    The article reports on the increase in automobile sales and automobile loan balances of credit unions in the U.S. in 2015. Topics discussed include the 2016 predictions of COOP Member Center, a subsidiary of financial institution CO-OP Financial Services, for the automobile market and the...

  • Stars Align for Auto Loans. TOTTY, PATRICK // Credit Union Magazine;Jun2014, Vol. 80 Issue 6, p46 

    The article focuses on the impact of auto loans on the loan growth of credit unions (CU), as of June 2014. Topics include the views of Paul Kirkbride of lending firm CU Direct Corp. on the auto loans of credit unions, a prediction by the National Auto Dealers Association on an increase in sales...

  • Why 100 Million Member Idea Isn't Top-Of-Mind And Other Thoughts.  // Credit Union Journal;6/30/2014, Vol. 18 Issue 23, p8 

    A letter to the editor in response to the article "What Americans Should Be Hearing, But [Sadly] Aren't," by Frank Diekmann in June 6, 2014 issue is presented.

  • NOW IN THE MARKET.  // Credit Union Journal;7/23/2012, Vol. 16 Issue 30, p12 

    The article offers news briefs related to credit unions (CUs) in the U.S. including the Leadership in Energy and Environmental Design (LEED) Certification awarded to CitizenFirst CU, the joining g KEMBA Financial CU to the Credit Union Service Organization (CUSO), and the partnership of Central...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics