Auto loan outstandings increased 8% year over year in the third quarter. Motor vehicle loan outstandings clocked in at $1.4 trillion in Q3, an increase of 2.3% sequentially and up 7.5% YoY, according to data from the Federal Reserve Bank of St. Louis released Monday. Auto loan outstandings have consistently climbed since 2010, driven by […]
Source : AutoFinanceNews
