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Is Subprime Debt a Systemic Issue for the Auto Industry?

 

Steve Eisman, Group Fund Manager with Neuberger Berman and the inspiration behind a character from the movie “The Big Short,” once said, “We are in an environment where credit quality has never been this good in anyone’s lifetime, with the one exception of subprime auto.” He was asked in a recent interview about subprime car debt becoming the latest problem for dealers.

Watch the full interview from CNBC: https://video.cnbc.com/gallery/?video=3000618749&play=1

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CBT News
CBT News
For over 10 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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