Experian Automotive

Experian names John Gray head of auto unit

2:57 pm U.S. ET | May 20, 2013
Experian has named John Gray president of its automotive business unit, effective immediately, with responsibility for the strategic direction, leadership and overall growth of the business.... Read More »

 

Auto loan delinquencies, repossessions rise

12:01 am U.S. ET | May 20, 2013
Auto loan delinquency and repossession rates rose in the first quarter fueled largely by an increase in subprime loans, Experian Automotive said last week.... Read More »

 

Auto loans delinquent 60 days or more edge up

1:16 pm U.S. ET | Feb. 21, 2013
The number of auto loans delinquent 60 days or more ticked up in the fourth quarter compared with the same quarter a year earlier, and it was the first quarterly increase for such loans in three years, according to Experian Automotive.... Read More »

 

Q&A: MELINDA ZABRITSKI

Experian's auto finance analysis has surprises

5:47 pm U.S. ET | Feb. 10, 2013
Experian Automotive's Melinda Zabritski said that despite conventional wisdom, it's too soon to say auto finance is all the way back, especially in some states that were hit hard when the housing bubble burst. For the fourth quarter of 2012 vs. the fourth quarter of 2006, total outstanding auto loan balances were down 15 percent for California, 19 percent for Nevada and 9 percent for Florida, she said.... Read More »

 

How Carfax locks up car history

12:01 am U.S. ET | Dec. 10, 2012
West-Herr Automotive Group of Blasdell, N.Y., believes vehicle history reports sell used vehicles. It chooses Carfax Inc. reports -- even though its used-car director, Jack Anderson, says they are overpriced. By making itself the brand consumers know, Carfax has become the dominant player in used-vehicle history reports. Exclusivity deals with third-party classified sites, such as Cars.com and AutoTrader.... Read More »

 

Toyota recaptures corporate loyalty leadership; Ford is top brand

6:20 pm U.S. ET | Oct. 11, 2012
Toyota Motor has recaptured the top spot among automakers in U.S. customer loyalty for the first time since the third quarter of 2009, according to a study released Thursday by Experian Automotive. Toyota had the highest corporate loyalty rate, at 47.3 percent, during the second quarter, edging General Motors, 46.2 percent; Ford Motor Co.; 46 percent; and Hyundai-Kia Motor Group, 45.3 percent. Honda Motor Co. Inc. was No. 5 with a loyalty rate of 43.1 percent, Experian Automotive said.... Read More »

 

LEGAL FILE

Did Carfax defame Experian to retain business? Judge tosses some claims

12:01 am U.S. ET | July 30, 2012
The high-stakes battle between Experian Information Solutions Inc. and Carfax Inc. for market share in the vehicle-history report arena has spilled over into a Chicago courthouse.... Read More »

 

Subprime's comeback fuels Chrysler sales

12:01 am U.S. ET | June 4, 2012
The dramatic comeback of subprime loans has helped the entire industry recover from the recession, but easier credit has returned like an old friend to Chrysler Group. In the first quarter of 2012, 29 of every 100 new-auto loans for Chrysler vehicles have been to consumers with credit scores below 680, says credit agency Experian Automotive. Experian considers scores below 680 subprime.... Read More »

 

U.S. auto lenders ease credit standards, terms to drive borrowing

6:46 am U.S. ET | May 29, 2012
U.S. lenders gave car buyers some of the easiest credit terms since the financial crisis in the first quarter as they competed to make more loans to borrowers they see as safe. Lenders also provided more money to people with subprime credit scores, cut interest rates and granted more time to repay, Experian Automotive said in a report.... Read More »

 

JIM HENRY

Subprime tarnish fades, finally

12:01 am U.S. ET | May 23, 2012
Dealers have complained for a couple of years now about how long it's taking for subprime auto lending to bounce back. Sure, the U.S. economy isn't growing as fast as we'd all like. But really, what's taking so long?... Read More »