New and Used Vehicle Markets Stabilizing, According to Open Lending Analysis
Automotive lending enablement provider releases data on national and regional vehicle registrations in the near- and non-prime market for Q2 2024 AUSTIN, Texas–(BUSINESS WIRE)–Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, just released a new Near- and Non-Prime Consumer […]
Can You Believe This?! Cars pull crazy U-turns; road-side stunts and more
Toronto, Ontario — Friday again, and with it another Can You Believe This?! video to bring some warmth to your weekend. Winter may be almost here, but the giggles from this video are sure to fuel some weekend funnies. From cars pulling crazy U-turns to road-side stunts, we’re certain you’ll have a ball.
Record Reports: Axalta releases third quarter 2024 results; reports record net sales of $1.32 billion
Toronto, Ontario — Axalta Coatings has now released its third quarter financial results, noting a record net sales of $1.32 billion. According to a press release of the results, other highlights from the company’s third quarter include net income increases of 40 percent year over year to $102 million and a record adjusted EBITDA of […]
Rising Repair Rates: Vehicle repair costs have increased by 28 percent over past three years, says Wall Street Journal
Toronto, Ontario — The cost of vehicle maintenance and repair has increased by an average of 28 percent over the past three years due to rising vehicle technification, says a new article from The Wall Street Journal. The article specifically notes that among parts costs, “another culprit is the cost and labour required for all […]