car payments

When it comes to the auto industry’s current landscape, prices are soaring and affordability is dwindling. Former Ford Motor Company (NYSE:F) CEO Mark Fields last week on CNBC, drew parallels between the soaring prices in the car market to those of the housing industry. He said that in the...

A recent tweet by "CarDealershipGuy" grabbed a lot of attention. About 1.84% of auto loans are now "severely delinquent," he said, citing Cox Automotive data. That's the highest rate since February 2009 — a time when the global automotive industry spiraled as a result...