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Big Wheels: Auto outstandings rise 2.4% in Q1 

Outstandings totaled $1.5T 

Ash Savage

Auto outstandings fell 0.2% sequentially but increased 2.4% year over year in the first quarter of 2024.  Motor vehicle loan outstandings landed at more than $1.5 trillion in Q1, marking the fifth consecutive quarter to idle above the $1.5 trillion mark, according to data from the Federal Reserve’s latest G.19 Consumer Credit release published June […]

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