...expecting US EV growth in the midst of this?
US CONSUMER AUTO LOANS DELINQUENCIES ARE SKYROCKETING
The level of 60-day loan delinquency rates for prime auto loans jumped to the highest in 14 YEARS.
At the same time, subprime delinquencies are near the highest in at least 18 YEARS, above the Financial Crisis levels.
https://x.com/GlobalMktObserv/status/1838224300861739065
