Capital One Just Wounded The Auto Sales Industry The Economic Ninja podcast

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Capital One Just Wounded The Auto Sales Industry

1+ y ago 12:44

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Indhold leveret af The Economic Ninja. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Economic Ninja eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

According to Capital One, the auto sales industry is in trouble and they are no longer offering loans to dealerships as auto finance gets tighter. Capital One cites an increase in delinquencies, high-interest rates, and increasing competition from online lenders as reasons for this decision. This move by Capital One is likely to have a significant effect on the auto sales industry, as dealerships will have to find other sources of financing or face closure. This is a very big deal, as the auto sales industry is a major part of the economy in many areas of the country. We'll update you as soon as we have more information.

… continue reading

678 episoder

#Trading #Business #Economic Ninja

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Capital One Just Wounded The Auto Sales Industry

The Economic Ninja

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published 1+ y ago

Del

MP3•Episode hjem

Indhold leveret af The Economic Ninja. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Economic Ninja eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

According to Capital One, the auto sales industry is in trouble and they are no longer offering loans to dealerships as auto finance gets tighter. Capital One cites an increase in delinquencies, high-interest rates, and increasing competition from online lenders as reasons for this decision. This move by Capital One is likely to have a significant effect on the auto sales industry, as dealerships will have to find other sources of financing or face closure. This is a very big deal, as the auto sales industry is a major part of the economy in many areas of the country. We'll update you as soon as we have more information.

… continue reading

678 episoder

#Trading #Business #Economic Ninja

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