PYMNTS-MonitorEdge-May-2024

auto sales

December Auto Sales Drop – 2018 Forecast Looks Grim
December Auto Sales Drop – 2018 Forecast Looks Grim
January 04, 2018  |  Retail

December auto sales were lower than expected in the U.S., with the majority of the big vehicle manufacturers reporting a decline year-over-year. According to Wednesday (Jan....

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Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
January 02, 2018  |  Investments

Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if...

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Auto Industry Predicts Black Friday Sales Bump
Auto Industry Predicts Black Friday Sales Bump
November 24, 2017  |  Retail

Auto industry analysts are predicting extended Black Friday deals will offer a bump in car sales this year. Reports in Reuters said industry consulting and...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Engine Sputters For June Car Sales
Engine Sputters For June Car Sales
July 04, 2017  |  Commerce

The engine is sputtering for U.S. auto sales. The latest data, as noted by news in The Wall Street Journal, shows that June marked another slowdown, as...

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Amazon’s Plan To Enter UK Car Market Causes Problems For Britain’s Auto Sites
Amazon’s Plan To Enter UK Car Market Causes Problems For Britain’s Auto Sites
June 13, 2017  |  Amazon

News of Amazon’s plan to enter the U.K. online auto sales market after a current test run in Italy has unnerved shareholders of Britain’s biggest auto dealer...

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Carvana Used Car Sales Up 120 Percent In First Quarter
Carvana Used Car Sales Up 120 Percent In First Quarter
June 07, 2017  |  Retail

Carvana, the eCommerce platform for buying used cars, announced Tuesday (June 6) its first quarter results, which showed it sold 8,334 cars, an increase of...

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After Six Years Of Solid Sales, Has Auto Industry Peaked?
After Six Years Of Solid Sales, Has Auto Industry Peaked?
September 08, 2016  |  Retail

After six years of steadily increasing sales, culminating in record figures for 2015, auto sales finally appear to be sputtering out. Or are they? Last...

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Retail’s Ups And Downs: lululemon, Walmart And Canadian Convenience Stores
Retail’s Ups And Downs: lululemon, Walmart And Canadian Convenience Stores
September 07, 2016  |  Retail

The life of a retailer can be a tough one. Just ask lululemon. The trendy yoga pants and athleisure retailer recently announced that it plans...

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