Commodity Trade Mantra

Posts Tagged ‘Auto Sales’

The Next Subprime Crisis - The US Auto Industry Is Here

Auto loans made to consumers with subprime credit have been accounting for an increasingly larger percentage of the market. Eventually a lot of those loans are going to start to go bad, and that is precisely what is happening now. Auto sales have begun to fall & used car prices have started to crash. Here are 12 signs that a day of reckoning has arrived for the U.S. auto industry.

Don't Look Now, But The Subprime Auto Bubble May Be Bursting

Losses on car loans taken out by bad-credit borrowers are continuing to climb, thanks in part to the flood of rookie auto finance companies that have entered the market in recent years. You can see the rise in subprime auto borrowers struggling to make car payments in monthly data on bond deals sold on Wall Street.

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