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r7=r F E D E R A L • - R E S E R V E s t a t i s t i c a l " - f*AL R £ ^ • r e l e a s e J974 F o r immediate r e l e a s e August 14, 1974 AUTOMOBILE INSTAI MENT CREDIT DEVELOPMENTS-JUNE 1974 NEW CARS 1 All lenders Bank direct loans Bank purchased paper Finance Other lenders Seasonally Adjusted E x t e n s i o n s ($ m i l l i o n s ) : June 1974 May 1974 June 1973 2,118 2,264 2,409 450 471 560 834 904 962 507 538 535 327 351 352 3,989 3,965 3,833 3,840 3 504 3,893 3,961 3,534 4,302 4,119 3,828 3,972 3,925 3 ,590 531 571 670 117 123 160 214 228 272 Average n o t e ( D o l l a r s ) : June 1974 May 1974 June 1973 Cars f i n a n c e d ( 0 0 0 ) : June 1974 May 1974 J u n e 1973 118 131. 140 82 89 98 Not S e a s o n a l l y A d j u s t e d E x t e n s i o n s ($ m i l l i o n s ) : June 1974 May 1974 June 1973 2,330 2,565 2,855 479 542 654 912 1,018 1,132 3,997 3,958 3,623 3,802 3,817 3,497 3,948 3,961 3,594 4,311 4,115 3,851 3,936 3 921 3,576 583 648 788 126 142 187 231 257 315 132 148 168 94 101 115 569 609 647 * 370 396 422 Average n o t e ( D o l l a r s ) : June 1974 May 1974 June 1973 Cars f i n a n c e d ( 0 0 0 ) : June 1974 May 1974 June 1973 G.26 -2- AUT0M3BILE INSTALMENT CREDIT DEVELOPMENTS-JUNE 1974 USED CARS All lenders Bank direct loans Bank purchased Finance cos , Other lenders Seasonally Adjusted E x t e n s i o n s ($ m i l l i o n s ) : June 1974 May 1974 J u n e 1973 1,616 1,490 1,330 488 410 369 500 463 458 240 282 246 388 335 257 2,205 2,156 2,037 2,179 2,123 1,982 2,317 2,226 2,123 2,266 2,239 2,107 2,076 2,042 1,919 733 691 653 224 193 186 216 208 216 106 126 117 187 164 134 Average n o t e ( D o l l a r s ) : June 1974 May 197'i June 1973 Cars f i n a n c e d ( 0 0 0 ) : June 1974 May 1974 J u n e 1973 Not S e a s o n a l l y A d j u s t e d E x t e n s i o n s ($ m i l l i o n s ) : June 1974 May 1974 J u n e 1973 1,697 1,635 1,458 495 442 392 534 517 503 257 312 270 411 364 293 2,201 2,160 2,033 2,162 2,125 1,970 2,322 2,228 2,131 2,295 2,261 2,126 2,055 2,034 1,890 229 208 199 230 232 236 112 138 127 200 179 155 Average n o t e ( D o l l a r s ) : June 1974 May 1974 J u n e 1973 Cars f i n a n c e d ( 0 0 0 ) : J u n e 1974 May 1974 June 1973 771 757 717 '
@FedFRASER