WardsAuto Dealer 5
 
















OCTOBER 30, 2023






1.

Dealers Fret Student Loan Payments May Boost Delinquencies

The New York Fed doesn’t expect student loan repayments to significantly impact auto loan repayments, but others aren't convinced.

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2.

Alternative Data Unlocks Opportunity for Auto Lenders

There are many instances of Lending Enablement Solutions proving a borrower’s creditworthiness based on alternative data, even if a different institution rejected them.

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3.

More alarm bells sound on slowing demand for electric vehicles
High-interest rates derailing EV goals, reports Reuters.

4.

It's Getting Harder for Dealers to Sell EVs
Insider tells how that signals trouble for the industry.

5.

2023 Wards 10 Best Engines & Propulsion Systems Winner: Chevrolet Corvette Z06

This video clip highlighting the Chevrolet Corvette Z06 was played during the recent ceremony celebrating the 2023 winners.

Full article