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Younger auto debtors falling additional in the back of

Baua Electric

“The surge in delinquencies coincides, perhaps not surprisingly, with a steep drop in new auto loans, particularly among borrowers with lower credit scores,” Hoenig wrote. The settingup of stimulus bills and debt forbearance techniques — specifically with pupil loans — stepped forward shopper credit score rankings, he stated.

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Beijing Wont Restrict Auto Purchases to Deal With Growing Congestion

Green Car Congress

According to the Beijing Municipal Commission of Development and Reform, the city will not take administrative measures to restrain residents from buying automobiles in order to deal with the growing congestion resulting from the increasing size of the city vehicle parc. People’s Daily.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

Meanwhile, the mid-2022 passage of the CHIPS Act in the United States yielded a multi-billion-dollar investment pool, some of which dedicated to ramping up American manufacturing of the mature-generation chips upon which many industries—auto and otherwise—are so dependent. considered getting into the chip-stimulus game as well.

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This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. Many municipal and federal governments, for example, have expanded consumer benefits for EV sales, mostly as part of stimulus efforts aimed at mitigating the pandemic’s economic effect. The short distance market.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

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When Will EVs Hit Primetime?

Revenge of the Electric Car

Despite a surge in interest, electric cars may remain niche products in the world’s two largest auto markets. Similarly, in China, the sheer size of the auto industry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. Advocates disagree. By Jaeah Lee, Contributor.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. This will not alleviate the entire liquidity problem, but it will buy some time for the suppliers to formulate the consolidation plans. The Role of the OEMs. Laura Marcero

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