FITCH: “Global car sales “are likely to decline by around 3.1 million units in 2019, a larger decline than in 2008 ..”

FITCH: “Global car sales “are likely to decline by around 3.1 million units in 2019, a larger decline than in 2008 ..”

(via @FitchRatings @pattidomm) pic.twitter.com/nAaV5R8npo

— Carl Quintanilla (@carlquintanilla) November 25, 2019

This sounds vaguely familiar >>Yield-crazed investors pile into US subprime car loans

The market for securities backed by the riskiest US car loans is booming, as yield-crazed investors shrug off nagging concerns over the health of the American consumerhttps://t.co/KSk3IhZZ40 pic.twitter.com/LAtNmBQRfs

— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 25, 2019