Au
to loan delinquencies are “under control,” despite a continued rise in subprime lending, while recent concern about a so-called subprime “bubble” slowly deflates.
That’s the upshot of auto finance credit performance today, analysts said.
Vehicle Sales
AFN Composite Index
-0.8%
Inventory Index
SOFR (WoW)
New-vehicle APR 60 Mos.
Au
to loan delinquencies are “under control,” despite a continued rise in subprime lending, while recent concern about a so-called subprime “bubble” slowly deflates.
That’s the upshot of auto finance credit performance today, analysts said.
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David Thompson
David Thompson
David Thompson
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