New Market Research Report: Canada Autos Report Q2 2013
After growth of almost 6% in light vehicle sales in 2012, BMI expects a more modest expansion in 2013, in the range of 2%. While this is partly due to the base effects created by strong growth in a largely saturated market in 2012, we are also concerned by the rising levels of auto loan growth, which appears to be outstripping other forms of consumer debt. Although delinquency levels are actually lower than these other loan types, there is still...
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