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Big Wheels: Auto outstandings climb 1.8% year over year

Auto outstandings increased sequentially and year over year in the second quarter.  Second-quarter auto outstandings totaled more than $1.5 trillion, up 0.5% sequentially and 1.8% YoY, according to data from the Federal Reserve’s G.19 Consumer Credit release, published Sept. 9. . The data includes loans for passenger cars, minivans, vans, sport-utility vehicles, pickup trucks and […]