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  • South America Vehicle Sales, January 2024
    on February 25, 2024 at 10:14 pm

    South America vehicle sales by company region, company and country for total vehicles and light vehicles for January 2024.     Related StoriesU.S. Light Vehicle Sales & Inventory Forecast, February 2024Mexico Truck Sales by Weight Class, January 2024Asia Vehicle Sales, December 2023 

  • February U.S. Light-Vehicle Sales to Rebound from January's Slide
    by Haig Stoddard on February 23, 2024 at 4:47 pm

    Sales are bouncing back in February, thanks mostly to a surge in estimated fleet volume, while the retail sector posts…      Related StoriesFirst-Quarter North America Production Tracking to Slowest Growth in Two YearsAsia-Pacific Market Outlook: India, Others to Offset Weakness in Japan, South KoreaCES and The Future of Automotive Connectivity 

  • U.S. Light Vehicle Sales & Inventory Forecast, February 2024
    on February 23, 2024 at 4:14 pm

    U.S. light vehicle sales and inventory forecast by company and by source and vehicle type for February 2024. Includes SAAR…      Related StoriesSouth America Vehicle Sales, January 2024Mexico Truck Sales by Weight Class, January 2024Asia Vehicle Sales, December 2023 

  • U.S. Car and Light Truck Specifications and Prices, '24 Model Year
    on February 23, 2024 at 12:46 pm

    U.S. light vehicle specifications and prices by vehicle type, brand, and model line for the 2024 model year. Includes body…     Related StoriesSouth America Vehicle Sales, January 2024U.S. Light Vehicle Sales & Inventory Forecast, February 2024Mexico Truck Sales by Weight Class, January 2024 

  • Mexico Truck Sales by Weight Class, January 2024
    on February 22, 2024 at 11:55 am

    Mexico truck sales by weight class for January 2024.     Related StoriesSouth America Vehicle Sales, January 2024U.S. Light Vehicle Sales & Inventory Forecast, February 2024Asia Vehicle Sales, December 2023 

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    Auto Finance News

    • Carvana originations nearly flat as credit tightens 
      by Amanda Harris on February 23, 2024 at 9:52 pm

      Used-vehicle retailer Carvana’s loan originations ticked down in the fourth quarter following months of credit tightening as the company eyes credit scoring improvements.  Originations dipped 4% sequentially but inched up 0.5% year over year to $1.5 billion in Q4, according to an Auto Finance News analysis of the retailer’s Feb. 22 letter to shareholders. Full-year

    • PNC Financial appoints new president and other staff moves
      by Riley Wolfbauer on February 23, 2024 at 9:00 pm

      PNC Financial appoints Lyons president  Pittsburgh-based PNC Financial Services Group has named Michael P. Lyons president following a unanimous vote by the board of directors.  He replaces Bill Demchak, who has been chairman, chief executive and president at PNC. Demchak will remain chair and CEO.  Lyons joined PNC in October 2011 and has been executive

    • Rivian, Lucid eye finance growth 
      by Amanda Harris on February 22, 2024 at 9:57 pm

      EV manufacturers Rivian Automotive and Lucid Motors are expanding the scope of their finance arms as deliveries increased in the fourth quarter.  Rivian to expand leasing  Rivian offers leasing on select R1T and R1S models across 15 states and provides a $7,500 discount on eligible lease transactions through Rivian Financial Services, according to the company.

    • Arivo CEO prioritizes AI, looks to boost efficiency 30%
      by Riley Wolfbauer on February 22, 2024 at 9:30 pm

      Subprime lender Arivo Acceptance Chief Executive Landon Starr will continue to embrace technology while making structural adjustments to the company’s operations in his new role. Starr aims to create a structure that facilitates “more empathy, collaboration and integration of technology,” he told Auto Finance News. He intends to execute this by cross-pollinating employees in multiple segments

    • Under the Hood: Tech complexity spurs enhanced risk measures
      by Marcie Belles on February 22, 2024 at 8:00 pm

      Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the wake of the financial crisis, and again throughout the pandemic, lenders worked diligently to rein in the risk of losses resulting from external events and inadequate internal processes, people and systems. They prepped for operational

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      Shadow Stats

      • Flash Commentary No, 1460b
        on June 21, 2021 at 12:57 am

        • Fundamentals Could Not Be Stronger for Gold and Silver, nor Weaker for the U.S. Dollar and Stocks, Despite Fed or Market Nonsense to the Contrary • There Is No V-Shaped Recovery • Battered, Non-Recovered May 2021 Payrolls and Unemployment Confirmed a Still-Ravaged Economy on Par With the Great Depression • Severely Negative Annual Revisions to Industrial Production Mean the Economy Was in Recession Well Before the Pandemic Hit • Business-Cycle Conditions Are Collapsing Rapidly, Amidst an Extreme Acceleration in Inflation • 2021 Social Security Cost of Living Adjustment (COLA) Could Spike to a 40-Year High, Based on Potential Third-Quarter 2021 CPI-W • Bureau of Labor Statistics Reveals It Cannot Measure the CPI Properly, At Present • FOMC Has Trouble Forecasting Inflation One Quarter Ahead, Let Alone Two Years Ahead • Despite Talk of ?Tightening? in 2022 or 2023, FOMC Is ?Easing? Anew in Its Latest Actions

      • Flash Commentary No. 1460a
        on May 31, 2021 at 11:07 pm

        • Benchmarked Industrial Production Revised Sharply Lower; Both Manufacturing and Mining Were Hit Hard • New Numbers Indicate the Economy Was in a Deepening Recession, Well Before the Pandemic Shutdown and Collapse • Old Numbers Showed Production Peaked in December 2018 and Flattened Out, February 2020 Pre-Pandemic Peak Was 3.75% Higher Than the Pre-Great Recession Peak • New Numbers Show Production Peaked in August 2018 and Entered Protracted Decline, February 2020 Pre-Pandemic Peak Was 1.11% (-1.11%) Below the Pre-Great Recession Peak • Manufacturing Sector Has Never Recovered Pre-Great Recession Peak Levels • April 2020 Pandemic/Economic Trough Revised Lower by 5.1% (-5.1%) • Economic Recovery Is Not as Close as Hyped by the Consensus Outlook • Negative Implications Here for the July 29th GDP Benchmarking • Chances Are Reduced for Moderating Extreme Monetary and Fiscal Policies • Evolving Circumstances Remain Extremely Strong for Gold and Silver, and Weak for the U.S. Dollar and Stocks, Despite Central Bank or Other Systemic Machinations to the Contrary

      • Flash Commentary No. 1460a
        on May 31, 2021 at 11:07 pm

        • Benchmarked Industrial Production Revised Sharply Lower; Both Manufacturing and Mining Were Hit Hard • New Numbers Indicate the Economy Was in a Deepening Recession, Well Before the Pandemic Shutdown and Collapse • Old Numbers Showed Production Peaked in December 2018 and Flattened Out, February 2020 Pre-Pandemic Peak Was 3.75% Higher Than the Pre-Great Recession Peak • New Numbers Show Production Peaked in August 2018 and Entered Protracted Decline, February 2020 Pre-Pandemic Peak Was 1.11% (-1.11%) Below the Pre-Great Recession Peak • Manufacturing Sector Has Never Recovered Pre-Great Recession Peak Levels • April 2020 Pandemic/Economic Trough Revised Lower by 5.1% (-5.1%) • Economic Recovery Is Not as Close as Hyped by the Consensus Outlook • Negative Implications Here for the July 29th GDP Benchmarking • Chances Are Reduced for Moderating Extreme Monetary and Fiscal Policies • Evolving Circumstances Remain Extremely Strong for Gold and Silver, and Weak for the U.S. Dollar and Stocks, Despite Central Bank or Other Systemic Machinations to the Contrary

      • Benchmark Commentary No. 1459
        on April 21, 2021 at 9:15 am

        • Intractable and Deteriorating Conditions Still Signal No Imminent Economic Recovery, Irrespective of Some Bounces in March Activity Against Weather-Driven February Collapses • Monthly Annual and Post-Pandemic Payroll Declines Have Stabilized Around Minus Six-to-Seven Percent for the Last Eight Month, Weakest Showing Since 1946 • Annual-Change Gyrations Are Just Beginning for Economic, Inflation, Money Supply and Financial Return Numbers, as the Pandemic-Driven Collapse Passes It First Anniversary • Beyond Year One, Multi-Year, Crisis-Driven Collapses Need to Be Assessed Against Pre-Crisis Levels, or Stacked Two-Year Change, As Well As Year-to-Year Change • The Federal Reserve Overhauled Its Money Supply Reporting, Redefining Traditional M1 from 34.8% to 93.4% of a Not-Redefined Total M2 • This Masked Accelerating Flight-to-Liquidity in Traditional M1 from Non-M1 Components of M2 • ShadowStats Defined “Basic M1” — Combined Currency and Demand Deposits — Still Reflects the Extraordinary Liquidity Flight to, and Surge in the Narrower Money Supply • Expanded Federal Reserve Accommodation Remains Likely Well Into 2023, Given the Increasingly Negative Outlook for Imminent U.S. Economic Recovery • Fed Chair Powell Noted That Surging Money Supply No Longer Boosts the Economy • That Is Because the Current Collapse Is Pandemic, Not Business-Cycle Driven; Surging Money Growth in a Non-Business-Cycle Collapse Can Trigger Hyperinflation • Surging Monetary Base, Reserves and Currency Indicate Intensifying Systemic Problems • Underlying Fundamentals Remain Extremely Strong for Gold and Silver, and Weak for the U.S. Dollar and Stocks, Despite Central Bank or Other Systemic Machinations to the Contrary

      • Post Title
        on April 21, 2021 at 9:12 am

        Download the full Commentary as a PDF Document

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        Auto Dealer Today

        • Carvana Settles Dispute with State of Illinois
          by Staff on January 25, 2023 at 8:02 pm

          The used car retailer will continue to operate in Illinois under some restrictions.

        • Green Bond Availability Grows
          by Staff on January 25, 2023 at 7:49 pm

          Around $28 billion in green bonds are available globally for automakers to help fund their transition to electric vehicles.

        • Jaguar Land Rover Reports Profit for Q3 of its Fiscal Year
          by Staff on January 25, 2023 at 7:35 pm

          The company reported a profit before tax of $326 million for the quarter ending in December.

        • Getting Everyone EV Ready
          on January 25, 2023 at 12:30 am

          It’s time to create an environment and culture that welcomes the inherent fears and curiosities of EV buyers, and those who aren’t EV buyers-yet.

        • Black Book: Weekly Market Update
          by Staff on January 25, 2023 at 12:05 am

          Last week, wholesale price declines lessened, coming in at a level on par with last July (apart from the weeks around Thanksgiving and Christmas when volume and conversions were down), before the declines began to accelerate for Q3 and Q4.

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