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Bursting Auto Lenders' Bubble

Apr 24, 2017 | 09:30 GMT
For several years, car sales have kept pace with the rise in auto loans. But now the market for new and used cars may have reached its saturation point, a development that bodes ill for the auto lending sector.
For several years, car sales have kept pace with the rise in auto loans. But now the market for new and used cars may have reached its saturation point, a development that bodes ill for the auto lending sector.
(JUSTIN SULLIVAN/Getty Images)

For several years, car sales have kept pace with the rise in auto loans. But now the market for new and used cars may have reached its saturation point, a development that bodes ill for the auto lending sector. Despite the superficial similarities to the subprime mortgage industry, however, rumors of an impending catastrophe are overblown. ...

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