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Feature Article

03/29/2017 - 7:35pm By: Zero Hedge

If you're among the growing minority of investors still under the impression that 'everything if awesome' in the auto industry simply because new car sales volumes continue to hover around all time highs, while turning a blind eye to soaring incentive spending and that pesky little debt bubble, then we may need your help with how we should be interpreting the following subprime auto loan delinquency stats from Morgan Stanley. In a recent report, Jeen Ng of Morgan Stanley took a look at 266 subprime auto ABS deals to assess the underlying 'health' of the auto loan market...


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