Day: August 9, 2021

Auto loan approval ratings hit highest level since 2015

By Michael J. Moody 2 months ago

It hasn’t been this easy to get a car loan in years.

Why it matters: It comes amid a demand bonanza that got underway at the onset of the pandemic — when traveling by car became the more appealing mode of transportation.

Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for free

Car loan approval ratings are at the highest since 2015, according to Cox Automotive.

  • What’s happening: Auto loans are getting cheaper and lengthier, two factors that lower monthly payments — what “most consumers are focusing on, more than anything else,” says Cox Automotive economist Jonathan Smoke.

  • “Consumers have been consistently seeing better rates every month this year than a year ago — that’s really helped offset some of the inflation in vehicle prices,” Smoke says.

The big picture: The net percentage of banks making loans harder to get is at the

… Read More

1930s-Era Designer’s Impact on the Industry

By Michael J. Moody 2 months ago

The car world has a history with fashion brands: Fiat partnered with Gucci for the 500C, Bugatti tapped French luxury brand Hermès, Lamborghini once had a Versace version, and Volkswagen partnered with Adidas for an athleisure look. New York Fashion Week even has an official automotive partner in BMW.



a vintage photo of a person: The car world has a history with fashion brands: Fiat partnered with Gucci for the 500C, Bugatti tapped French luxury brand Hermès, Lamborghini once had a Versace version, and Volkswagen partnered with Adidas for an athleisure look. New York Fashion Week even has an official automotive partner in BMW. Nearly 100 years ago, Helen Dryden […]


© Provided by The Drive
The car world has a history with fashion brands: Fiat partnered with Gucci for the 500C, Bugatti tapped French luxury brand Hermès, Lamborghini once had a Versace version, and Volkswagen partnered with Adidas for an athleisure look. New York Fashion Week even has an official automotive partner in BMW. Nearly 100 years ago, Helen Dryden […]

Nearly 100 years ago, Helen Dryden made a big splash by applying her design experience from 14 years at Vogue magazine to pre-war Studebaker models like the 1936 Dictator, 1937 President, and 1939 Champion. She became a brand of her

… Read More