Recent rapid growth in car finance has left the industry looking more vulnerable to a downturn. But this type of lending is a small proportion of total borrowing. And with car finance deals shifting the risk from banks to car companies, the implications for the economy as a whole wouldn’t be too big.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services