While the pain from an imploding subprime auto loan market would be much less than what ensued from the housing crisis, the economy is still on relatively fragile footing, and losses could ultimately stall the broader recovery for millions of Americans. (dealbook.nytimes.com)
After a decade of increasing auto loan market activity, lenders are pulling back as Americans struggle with affording their new cars. (lendedu.com)
Such examples of distress underscore the broader strains within the subprime auto loan market. (dealbook.nytimes.com)