DAILY ROUNDUP | JUL 13 | $1.69T Debt, 84-Mo Loans, EVs 5.8%, VW Cuts Half
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A seven-year auto loan can now outlast the technology cycle of the vehicle itself, and that mismatch is turning affordability into the main force reshaping the industry.
Today’s episode breaks down the $1.69 trillion U.S. auto-debt burden, record 84-month loan usage, EVs holding at just 5.8% of the market, Toyota delaying the Highlander EV, Volkswagen cutting production capacity, and Ram reviving a 777-horsepower V8 halo truck.
Today's Key Headlines
~U.S. vehicle loan balances reach…
The skinny
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