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Captives’ market share surges in first quarter as many shoppers switch from used to new vehicles.
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Prime share continued to dominate in the quarter, Experian data show.
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Two surveys find process is getting easier and more satisfying as inventories grow.
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Interest rates increasing the costs, with no end in sight, Edmunds finds.
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August Cox Auto index shows access loosened across most channels, all lender types.
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The lenders lost over one point of new-car loan and lease market share in 2022, finds Experian.
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Auto lenders, securitization providers continue adoption of digital assets, workflows, but industry headwinds could slow progress.
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Also simplifies web address in effort to add to its ease of use.
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E-signature and e-contracting technologies are more widespread, but digital e-vault tools for securitization and collateralization are focus for 2023
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