As auto sales in the US have surged, the loans supporting those purchases are starting to weaken

Posted on February 21, 2017.

In the fourth quarter of 2016 alone – $142 billion of car loans were written in the US. As that loan portfolio has grown (over $1.1 trillion in outstanding debt), cracks are starting to emerge in the underlying credit trends. Delinquencies are picking up amongst other things.

http://www.reuters.com/article/us-usa-fed-credit-idUSKBN15V27I?il=0