WEEKLY CREDIT TRENDS AND
Automotive delinquencies reach lowest level over the past year
August 18, 2011
For Q1 2011, automotive delinquency rates, as a percentage of balances, continue to show improvement in every performance range and are at the lowest level of any time during the past year. Year-over-year improvements of 16 percent, 25 percent and 29 percent were seen in the 30 to 59 days past due (DPD), the 60 to 89 DPD and the 90 to 180 DPD ranges, respectively.
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Source: Experian–Oliver Wyman Market Intelligence Reports
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