Auto execs speak out to defend subprime credits
Subprime auto executives are pushing back against a wave of negative reports that they say inaccurately draws parallels between their lending practices and those in the pre-crisis US subprime mortgage business. The fightback comes as at least two smaller auto financiers plan new asset-backed securities.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: