Weekly Wrap: Drilling down on used-vehicle values, inflation and powersports earnings
Last week, used-vehicle values cooled for the third straight month in a positive sign for the U.S. Labor Department’s forthcoming consumer price index, even as rental companies continue to shake up the used-car market. Still, finance and insurance (F&I) profits at publicly traded automotive retailers continued their upward trajectory as pent-up demand coupled with rising new- and used-vehicle prices to keep revenues strong.
In this episode of the Weekly Wrap, the Auto Finance News editors discuss last week's top stories, and what to expect for the week ahead.