The rise in US auto debt is worrying, and the surge in auto loan delinquencies is cause for concern. Factors such as high monthly payments, negative equity, extended loan terms, and fluctuation in used-car values have all contributed to this problem. Consumers, lenders, and automakers must work together to find solutions that ensure the stability…
The global pandemic has disrupted the automotive industry in numerous ways, and one of the most significant consequences is the skyrocketing prices of new cars. This has become a distant dream for the typical American family, as the average monthly payment for a new car has soared to a record $777, which is almost a…
Microeconomics is a branch of economics that focuses on the behavior and decisions of individual actors in the economy, such as households and firms. In the context of investment decision-making, microeconomic research plays a critical role in understanding the supply and demand dynamics of specific markets and industries, as well as the behavior of consumers…