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Strong Santa Ana winds threaten progress against L.A. wildfires

On Tuesday, the National Weather Service projected that powerful Santa Ana winds would sweep through Los Angeles, threatening to undo some of the progress in combating the devastating wildfires engulfing southern California. The weather organization projected gusts up to 70 mph to last through the middle of the week, with the worst winds expected Tuesday and Wednesday. The National Weather Service also announced a PDS (Particularly Dangerous Situation) red flag warning for most of Southern California, indicating extraordinary circumstances that could elevate the risk to life and property. This combination of strong winds, low humidity, and drought conditions creates a...

Easing credit conditions mark a robust end to auto finance in 2024

Cox Automotive's Dealertrack Credit Availability Index revealed improved auto credit availability across all channels and lender types in December 2024. The All-Loans Index reached...

Tesla, GM, and Honda drive U.S. EV sales to new heights

Electric vehicle (EV) sales in the U.S. surged in 2024, with a 15.2% year-over-year increase in the fourth quarter, totaling a record 365,824 units....

Auto loan interest rates set to fall in 2025, offering relief to dealers and consumers

As 2025 begins, auto loan interest rates are showing signs of improvement, offering hope to both car dealerships and consumers who have struggled with...
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