Thursday, March 24, 2016

No blue bar in Q1

Calculated Risk is reporting: A WardsAuto forecast calls for U.S. automakers to deliver 1.7 million light vehicles this month, a record high for March and the largest volume for any month since July 2005’s 1,804,240 units.
Autos been doing well, saved us before.  Now we watch for Q2, can this auto growth survive the rise in sub-prime delinquencies? Delinquent  autos go on the used market, but we done this before, we have  deja vu about this.  

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