The floodgates of consumer spending will open again. But when will it happen? And what will it mean for auto purchases, leasing, the used-car market, repossessions and the ability of lenders to make loans?
Those questions will be answered by Peter Turek, automotive vice president of credit-reporting leader TransUnion, in an Automotive News Dealer Intelligence Webinar at 2 p.m. Eastern time, Wednesday, Dec. 16.
Turek also will address how the recession has forced lenders and dealers to look at consumer credit scores in new ways -- and to rethink the traditional "720" standard for excellence in a score.
Speaker Jeff Schuster, executive director of global forecasting at J.D. Power and Associates, will translate next year's projected increase in North American auto production into terms that matter to retailers: which autos will sell easily and which will need a boost from high incentives. In particular, Schuster will explore the prospect of reduced costs at the Detroit 3 curbing the tendency to build too many cars that are then crammed onto dealers lots.
The Webinar will run one hour and will include time for audience questions. See box above for registration details.