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SCHAUMBURG, Ill. — Experian Automotive revealed this morning
that consumers continued to make timely auto loan payments during the second
quarter, lowering the average delinquency rate across all lending organizations,
including commercial banks, captive finance arms, finance companies and credit
unions.

Experian's analysis showed that the second-quarter's 30-day
delinquency rate stood at 2.52 percent, compared to 2.59 percent in the same
period a year ago.

Meanwhile, the second-quarter 60-day delinquency rate came
in at 0.58 percent, down from 0.60 percent in a year earlier.

Furthermore, Experian confirmed that vehicle repossessions
also dropped, coming in at 0.43 percent in Q2. In the second quarter of last
year, repossessions settled at 0.59 percent, which translated into a 27.9-percent drop year-over-year.

"Consumers continue to do an excellent job of paying back
their vehicle loans in a timely fashion, and that's good news for everyone in
the industry," stated Melinda Zabritski, director of automotive lending for
Experian Automotive.

"Both 30- and 60-day delinquencies are at historic lows, and
the percentage of money at risk has dropped as well," Zabritski continued.
"This gives lenders needed stability, which filters through the auto industry
to consumers in the form of easier-to-obtain loans."

Experian also discovered total balances of loan portfolios
also rose for all types of lending organizations in the second quarter,
reaching $682 billion. That figure is compared to $646 billion a year earlier.

Despite this strong growth, analysts acknowledged overall
loan balances still lag behind prerecession levels. In the second quarter of
2007, outstanding loan balances reached $701 billion.

"Automotive loan portfolios continued their strong comeback
in Q2 2012, as delinquencies continued to drop and total dollar volumes
continued to rise," Zabritski said.

"Since the automotive loan industry is highly interdependent
between banks and retailers, this continued strong performance for loan
portfolios is good for automotive retailers and consumers alike," she went on
to say.

Complete findings from the State of the Automotive Finance
Market Q2 2012 credit trends analysis will be presented in a Webinar at 2 p.m.
ET/11 a.m. PT on Sept. 6.

To register for the event, visit www.ExperianAutomotive.com.

Experian Automotive's quarterly credit trend analysis
features market reporting data and analysis from its AutoCount Risk Report,
which analyzes automotive lending markets based on a uniform measurement of
credit quality that segments markets by geography, credit score and vehicle
registrations, among other factors.

The report also incorporates data from the Experian-Oliver
Wyman Market Intelligence Reports, which provide topical, quarterly analysis,
peer benchmarking options and commentary on key issues facing the financial
services industry.