You Searched For "subprime auto" and got 20 results
Sort By:
2 mins read
Tuesday's auto sales report is a crucial test for the US economy
Joe LaVorgna and team - who call this one of their favorite indicators - wrote Monday that there is…
Akin Oyedele
3 mins read
Auto lending has evolved, but it isn't a threat to the market or the economy
More days on inventory would suggest a sales slowdown, or a slackening of consumer interest in prev…
Matthew DeBord
3 mins read
The US auto market is on the verge of doing something it's never done before - again
Sales last year were being driven by three key factors: cheap gas, relatively high average vehicle …
Matthew DeBord
1 min read
Wells Fargo is worried about the auto loan market
Now, executives have decided to cap subprime auto loans - made to borrowers with poor credit rating…
Portia Crowe
3 mins read
Jamie Dimon says there's stress in the auto-loan market - but there's a problem with that
The idea seems to be that if you foretell of a downturn for long enough, one will eventually happen…
Matthew DeBord
3 mins read
The auto industry sold more cars in the US in 2015 than ever before
But although everybody except Volkswagen, still reeling from its emissions-cheating scandal, notche…
Matthew DeBord
3 mins read
The US auto industry is on the verge of doing something it's never done before
Analysts surveyed by Bloomberg, both at consumer auto information resources such as Kelley Blue Boo…
Matthew DeBord
1 min read
We just got some data on auto lending, and it's setting off alarm bells
Now, to be clear, JPMorgan decided back in 2013 to pretty much pull out of auto lending to subprime…
Matt Turner
4 mins read
This massive financial force will juice the auto market as bank lenders cower
The game of auto loan musical chairs will continue, likely unabated, until the Federal Reserve Pres…
Jonathan Marino
5 mins read
I've been covering the auto industry for a decade, and I've never seen more people getting the market wrong
That's a micro aspect of the gloominess. The macro aspect entails a massive disruption of the way w…
Matthew DeBord
2 mins read
US Auto Loans Are Surging As Banks Boost Used Car Financing
Additionally, the size of auto loan amounts and monthly payments continued to rise, especially for …
Matthew DeBord and Peter Rude…
1 min read
4 Reasons Why 2013 Will Be Another Great Year For US Car Sales
We expect recent strong SAAR momentum to continue. Together with Sandy replacement, fleet restocki…
Sam Ro
3 mins read
Three Forces Came Together To Make August The Best Month For Auto Sales In Over 8 Years
Around August of every year, dealers begin their annual tradition of clearing out the existing inve…
Benjamin Zhang
2 mins read
Rising household debt and shrinking incomes are setting the stage for a recession, top economist says
The US economy has two imbalances that could tip it into a downturn, according to economist David R…
Jennifer Sor
2 mins read
A 'bifurcated economy' is keeping some car buyers out of the market
Wealthy buyers are willing to pay up for expensive cars, but another 10-20% of the market is sideli…
Nora Naughton
3 mins read
The credit card crisis is worse for millennials and Gen Zers
Americans are in the midst of a credit card crisis, and nobody is being hit harder than millennials…
Cork Gaines
2 mins read
Recession seems almost certain with 19 states in trouble already, expert warns
A top economist, Nancy Lazar, expects stricter bank lending and steeper interest rates to crush gro…
Theron Mohamed
1 min read
Jamie Dimon warns that markets are 'too happy' and failing to price in a possible US downturn
"The chance of bad outcomes is higher than people think," JPMorgan chief Jamie Dimon told reporters…
Filip De Mott
2 mins read
More people are missing car payments in another ominous sign for the economy
A record number of Americans are behind on their auto loan repayments.
Polly Thompson
2 mins read
The US economy ended 2023 with a bang
A new data release showed real GDP rose at an annualized rate of 3.3% in the last quarter of 2023, …