DAILY ROUNDUP | MAY 07 | $1.68T Auto Debt, MAG 79-Year High, £6M VW Rebuild
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A $30,000 subprime auto loan can turn into more than $44,000 by payoff, and that debt math is reshaping the entire vehicle ownership cycle.
Today’s episode tracks the squeeze from $1.68 trillion in U.S. auto debt to record auction volume, service-bay loyalty battles, and Cameron Motor Group’s £6 million Volkswagen rebuild after a fire destroyed its workshop and parts department.
Today's Key Headlines
~U.S. auto debt reaches $1.68 trillion across roughly 86 million people
~Only four models…
The skinny
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