Category: News

Autos World News

Beyond the Headlines: China’s Major Auto Industry Consolidation

Beijing’s move to permanently withdraw car manufacturing permits from eight domestic brands, Zotye among them, and the struggling Brilliance Auto Group (among others) has captured significant attention around the world’s automobile business. On the surface, Beijing appears to simply be tightening standards and taking aim at car companies falling short. However, this is not just […]

Money US News

Subprime Auto Borrowers Face Scrutiny Amid Rising Defaults

Evidence of stress in the U.S. Auto loan market is starting to emerge, and these developments are increasingly difficult to brush aside. A sector previously perceived to be resilient and functioning smoothly due to credit availability is now experiencing fractures, with a particular focus on the subprime sector. An upward trend in consumer complaints, delinquency […]

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