Day: August 9, 2021

Auto loan approval ratings hit highest level since 2015

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.

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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

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1930s-Era Designer’s Impact on the Industry

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 […]


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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

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