Artwork

Content provided by The Economic Ninja. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Economic Ninja or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Player FM - Aplicație Podcast
Treceți offline cu aplicația Player FM !

Capital One Just Wounded The Auto Sales Industry

12:44
 
Distribuie
 

Manage episode 361327578 series 3294251
Content provided by The Economic Ninja. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Economic Ninja or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.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 episoade

Artwork
iconDistribuie
 
Manage episode 361327578 series 3294251
Content provided by The Economic Ninja. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Economic Ninja or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.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 episoade

सभी एपिसोड

×
 
Loading …

Bun venit la Player FM!

Player FM scanează web-ul pentru podcast-uri de înaltă calitate pentru a vă putea bucura acum. Este cea mai bună aplicație pentru podcast și funcționează pe Android, iPhone și pe web. Înscrieți-vă pentru a sincroniza abonamentele pe toate dispozitivele.

 

Ghid rapid de referință

Listen to this show while you explore
Play