Credit Quality Continues Upwards Momentum in US, UK Auto Sectors: September 2021
The positive credit movement witnessed in other industries like retail and energy can also be seen in the US auto sector. Credit quality continues to improve and risk continues to decline. In addition to the overall economic picture improving, demand remains robust. The same is largely true for the UK sector.
Ongoing Chip Issues Cloud Outlook for US, UK Auto Sectors: July 2021
The worst of the pandemic-related challenges may have passed but continued improvement for the US auto sector may be under threat unless supply chain problems ease.
The UK is seeing similar problems as credit for auto firms deteriorates, and lingering concerns about Brexit remain.
Supply Chain Pressures Linger for US, UK Auto Sectors: June 2021
Conditions are ripe for the US and UK auto sectors though ongoing supply chain issues may hamper the otherwise bright outlook.
Improvement in US, UK Auto Sectors, but Supply Chain Problems Remain: May 2021
The brakes have been pumped on 2020’s credit deterioration in the US and UK auto sectors. Consensus credit data is showing improvement after a long period of stress.
US Auto Sector Challenges Are Diminishing: April 2021
To download the April 2021 Auto Aggregate PDF, click here. After a long period of trouble, the US auto sector may be nearing an on-ramp. Risk remains elevated but is not getting worse. The US consumer may be itching to get moving after a long bought of cabin fever; they are certainly in a strong […]
Auto Sector Credit Troubles Piling Up: October 2020
To download the October 2020 Auto Aggregate PDF, click here. The worst may not yet have arrived for the US auto industry. In fact, there were some signs of recovery in Q3. But when a smaller-than-expected drop in sales is considered a good sign, it’s no surprise the credit quality for the industry is still […]
Credit Quality Continues to Deteriorate for US, UK Auto Sectors: August 2020
To download the August 2020 Auto Aggregate PDF, click here. While there are some signs the US auto industry is restarting after COVID, numerous challenges remain – and that’s not even factoring in overall weakness in the economy and personal finances. Credit weakness continues, and it’s unlikely to get much better until everything else improves. […]
Default Risk Increasing Quickly for US, UK Auto Sectors
To download the June 2020 Auto Aggregate PDF, click here. Fewer cars bought. Fewer miles driven. Less travel. Reduced or eliminated paychecks and massive spikes in unemployment. The problems are legion for the US auto sector. Even with some initial estimates of the difficulties proving to be overstated, credit challenges could remain with the US […]
Default Risk Rising Quickly for US Auto Sector
To download the May 2020 Auto Aggregate PDF, click here. Problems for the US auto sector are making themselves known in credit data, and credit data for the UK already reflects ongoing issues. This comes as the US reaches a possible bottom in COVID-19-related sales declines, with some dealers reporting reasons for optimism as the […]
Auto Industry Credit Quality Declines in US & UK
The global automotive industry has felt the immediate impact of the COVID-19 economic slump, with factories across the world halting production or being hamstrung by supply-chain disruptions, whilst consumer demand rapidly shrinks. US auto sales are expected to fall by at least 15% this year, and a reported 95% of all US auto production has […]
