About a third of the risky car loans that are bundled into bonds are considered “deep subprime,” a level that has surged since 2010 and is translating to higher delinquencies on the loans, according to Morgan Stanley.
The Detroit News
SUV and crossover sales could account for half of Audi’s total global volume in the future, the automaker’s head of sales and marketing said. According to Automotive News, a key driver is that the premium brand’s light-truck lineup will grow to seven models by 2019 from four now
Forty-one years can teach you a lot about the auto industry – including when it's the right time to go out on top, retire to a California ski resort town and start your own distillery.
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