REDWOOD CITY, Calif. — The most recent RDN Monthly Analytics Update showed August recovery
volumes increased 3 percentage points from July levels. However, the
reading also ended up 17 points below year-ago levels.

RDN
indicated August recovery orders rose 4 percentage points from the
previous month, but dropped 10 percentage points year-over-year.

The
RDN Recovery Market Trend Summary —  a rolling comparison of new and
used vehicle buyer's FICO scores against the percentage volume of
recovered vehicles relative to the volume of vehicle sales financed —
showed the volume of recoveries relative to retail new- and
used-vehicles financed increased during August versus the prior month.

RDN
went on to mention that among the top 20 largest cities with the
highest recovery volumes,  Chicago experienced the highest actual volume
increase during August, while San Jose, Calif., experienced the highest
relative volume increase.

Finally, officials pointed out Texas
led the nation with the highest volume of involuntary recoveries at just
below 6,500 units in August while Florida paced the country with the
highest volume of voluntary recoveries at a little less than 1,150 units
recovered during August.