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Monthly auto-loan payments would have been even higher in third-quarter 2021, but borrowers took out a higher proportion of 72- and 84-month loans, TransUnion says.
CEO Jim Farley dismisses speculation Ford might split into two distinct enterprises even as its ICE and BEV businesses continue to evolve independently.
The Michigan football team hasn't named its starting quarterback for the 2022 season. But in terms of being the official quarterback of the Randy Wise Automotive Team, J.J. McCarthy has already won the job, 247 Sports reports.
German auto dealers are using the Ethereum blockchain to get around bank bureaucracy, speeding up dealer credit applications, Robotics & Automation News reports.