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Weekly Wrap: Eyeing vehicle values, funding and digital adoption

Episode 94 Published 4 years, 9 months ago
Description

Used-vehicle prices have begun to stabilize in part due to increased inventory, but the trend is likely to be short-lived as wholesale prices increased 0.6% in August as manufacturers are calling for supply constraints to worsen in the coming months. Meanwhile, Tricolor Auto Acceptance has secured $90 million in funding from BlackRock and Gesa Credit Union has adopted fintech Scienaptic’s credit-decisioning technology, driven by artificial intelligence.

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