Remote living drives car sales to crisis levels | Auto Finance News | Auto Finance News

Remote living drives car sales to crisis levels

Photographer: Angus Mordant/Bloomberg

When the global financial system crashed back in 2007, auto lenders described the situation as a confluence of one-off events that would likely never repeat. Investment in shaky mortgages sent shockwaves through the financial markets, clamping access to capital and catapulting the unemployment rate to 10%. Without jobs or the ability to borrow money, consumers […]

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