U.S. Auto Sales Slumped In May
General Motors Co. said sales skidded 18% in the month
Meanwhile, the biggest recipient of 0% retail loans was...
Fitch blames it on a dramatic rise in loans with lax borrowing standards that have helped fuel the recent boom in auto sales. More Americans bought new cars last year than ever before and the amount of auto loans soared beyond $1 trillion.
Car Max (National used car dealership)
Auto Nation (National new and used dealership)
Global Automakers index