Fueled by a record high level of borrowing for car purchases, Americans probably bought about 1.4 million motor vehicles this month, pushing sales up more than 10 percent from July 2013. By most forecasts this will be the best July on record since 2006, more than a year before the start of the Great Recession that sent the auto industry into a crisis.
Read more from this International Business Times article by pressing here.
In the first half of 2014, there were 310,210 Chapter 7 Discharges. This reflects a 35% decline in Chapter 7 Discharges compared to the first half of 2012 which totaled 477,367.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
The Top 10 States (by volume) represent 53.5% of the year to date total Chapter 7 Discharges.
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
In the first quarter of 2014, there were over 45,000 Consumer Bankruptcy Chapter 13 discharges. That number is up 19.4% from first quarter discharges in 2013 (38,000) and up 59.6% from first quarter 2012 (28,668).
PLEASE NOTE: Our data is based on one per household, minus multiple filers and has been cleansed to postal specifications.
It looks as if Toyota Motor Corp. is heading to the Lone Star State.
The company is moving its U.S. sales headquarters from Torrance, Calif., to suburban Dallas, according to a report from Reuters. Read more by clicking here.
May you and yours have a safe and happy Easter from all of us at BEBdata
One of the biggest problems independent auto dealers have is getting financing to run their credit operations. Now, a Milwaukee-area entrepreneur with a long auto sales pedigree has come up with a way to help dealers raise more money, and lower their financing costs while allowing a new group of investors to get into the auto finance business.
Read more from this great article by George Yacik by clicking here.
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