Entrusting a car with the repair shop or a dealership typically comes with a deep level of trust-you normally assume employees will do what they were authorized to do, will conduct tests necessary to diagnose a problem with a vehicle and nothing else, and will preserve its condition while in the garage’s care. Major disagreements […]
Understanding Rising Auto Loan Delinquency Rates and Solutions for Lenders and Borrowers
Auto loans represent a cornerstone of household independence, giving millions of Americans access to employment, family responsibilities, and everyday necessities. Yet the financial pressure surrounding vehicle ownership has intensified considerably. The serious delinquency rate for auto loans, defined as balances 90 or more days past due, reached 5.6% in the first quarter of 2026, according to the […]
Top Earners and Stock Market Gains Drive Growth in U.S. New Car Sales
American car sales are growing at an amazing rate with the nation’s rich and wealthy buyers pouring their new wealth into auto dealerships as a result of massive gains made from stock market investments. Latest surveys suggest that sales to the top 20% are accounting for most all of new car purchasing. The same phenomena […]
Nissan Returns to Quarterly Profitability as Restructuring Plan Yields Results
Nissan recorded net income for the quarter on Tuesday, ending its two-year streak of negative net income results, indicating a progress in the company’s financial revival. According to the Company’s Q1 FY 2026 results for three months ended June 30, 2026, the profit before tax owners of the parent amounted to a net income of […]
Ford Raises Full-Year Earnings Forecast After Beating Second-Quarter Operating Expectations
Ford Motor Co. Gave a strong performance in the second quarter, demonstrating that the company is adaptable when conditions change, and financially disciplined at the same time. Showing this to the Street when transforming its strategy for its electric vehicle division, not only beat estimates on operating profits, but was confident enough in its strategy […]
Lamborghini Navigates Profit Dip Amid Global Market Headwinds
Automobili Lamborghini is known for its distinctive sports cars which fuse the beauty of Italian manufacturing with high technology and iconic design that is unique in its own right. Despite the increasing uncertainties surrounding global economies, and the uncertainty that pervades all aspects of world business, the luxury car company has maintained the high levels […]
Rivian Reports Strong Second Quarter Revenue Growth and Electric Vehicle Milestones
Electric vehicle enthusiasts have plenty of reasons to celebrate as Rivian Automotive delivers an exciting round of second-quarter results. The innovative automaker is making impressive strides across its financial performance, vehicle delivery numbers, and cutting-edge technology rollouts. From rising consolidated revenues to the start of customer deliveries for its highly anticipated R2 SUV, Rivian is […]
Lear Corporation Reports Second Quarter 2026 Financial Results and Raises Full Year Outlook
In the second quarter of 2026, Lear posted solid financial results, driven by revenue growth, profitability improvement, new business and progress made in manufacturing automation. The automotive technology company’s revenue in the third quarter amounted to $6.2 billion, which is 3% higher than the $6.0 billion recorded in the corresponding period of 2025. Revenue in […]
Group 1 Automotive Expands Atlanta Footprint Through Acquisition of Hennessy Automobile Companies
The Automotive Industry continued consolidation with large dealership acquisitions to enhance footprint and long-term growth potential group 1 automotive (“Group 1” or the “Company”) has announced that it has entered into a definitive agreement to acquire 10 dealerships from Hennessy Automobile Companies. The acquisition is one of Group 1’s largest expansion efforts of late and […]
A Homeowner’s Guide to Navigating HOA Rules and Regulations
If you buy a house in some planned community developments, you’ll get a membership into an HOA. Homeowners Associations help keep up community’s common areas, enforce neighbourhood guidelines, and support the home value. But it can also mean you agree to a variety of community rules with legally enforce after you buy the home. In […]