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• A R D OF GOVERNORS

RAL RESERVE SYSTEM
WASHINGTON.

D.

C - 20551
ADDRESS OFFICIAL CORRESPONDENCE
TO THE BOARD

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9-6-Abn'gsss

February S, 1976

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Attached is a new monthly Federal Reserve statistical release on automobile credit volume and terms which combines into one release three previously
separate releases. The newrelease, ent^£je£ "AutomoJa^eJJjgjjjt" and numbered
G.26, incorporates most of the data previously published in the old releases
numbered G.26 (volume, average note, and number of loans), G.25 (maturity and loanto-dealer-cost ratio distributions at finance companies), and G.ll (finance rates
and average maturity and loan-to-value ratios at finance companies).
The consolidation of the releases was made to provide users more convenient access to auto credit information available from the Board, and to reduce
the expense of producing and distributing three separate releases.
While the format of the new release differs considerably from the formats
of the predecessor releases, the only data omitted are the tables formerly presented
on page 3 of the G.25 release showing cross-classification of auto contracts by
maturity and dealer-cost-ratio categories. Also, the maturity distribution of auto
loans at finance companies has been restructured to provide more detail in the
longer-maturity categories, and data have been added on the maturity distribution of
new-car loans at commercial banks.
Historical data are available upon request from the Mortgage and Consumer
Finance Section, Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, D.C. 20551.
If you are not already receiving the G.26 release and if you would like
to have your name added to the mailing list, please complete and return this notice
promptly to Publications Services, Division of Administrative Services, Board of
Governors of the Federal Reserve System, Washington, D.C. 20551.
If you have received the old G.26 release in the past, your name will
continue on the G.26 mailing list. Thus you do not need to return this form.
Publications Services
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