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Latest / Automotive Under 5, by AUTONOMi

Credit Loosens, Loan Terms Stretch Out

Credit access just reached an eleven-year high, CBT News reports, and the loan terms behind it are longer than dealers have seen before. That lands the same week wholesale values barely moved and Carfax counted tens of thousands of flood-damaged vehicles entering the used pipeline. The episode also covers a Volvo EV shortage running deep into twenty twenty-seven per Automotive News, Honda and Porsche telling Automotive Dive two different stories about where profit comes from next, and a Porsche franchise lawsuit that CBT News says exposes how much risk sits inside a standard dealer agreement…

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