Discussion Paper
Auto Financing During and After the Great Recession
Abstract: More than half of auto financing is originated by non-bank finance companies that typically rely on short-term funding markets for their own financing. During the recent financial crisis, disruptions in these short-term financing markets reduced the availability of auto credit to consumers, which contributed to the decline in auto sales.
https://doi.org/10.17016/2380-7172.2015
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File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/auto-financing-during-and-after-the-great-recession-20170622.htm
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2017-06-22
Number: 2017-06-22-2