Fresh Today

Fresh Today

LAWRENCEVILLE, Ga.—Expect the downward pressure on used car values to continue for several years, reports Black Book, which is projecting that residuals on average three-year-old vehicles will dip from the current three-year retention of 52% in 2016 to 47.8% by 2019.

RANCHO DOMINGUEZ, Calif.—After going public with accusations that SchoolsFirst FCU is attempting to “steal away” its members, Schools FCU says it will not back away from its position. In an interview, the CEO of the much smaller CU further asserts that the larger credit union is attempting to force a merger through its actions.