Where Are Banks Finding Borrowers? On the Car Lot

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Surging demand for auto loans is boosting banks during an otherwise lackluster time for their lending businesses

The number of semiconductors in a modern car, from the ignition to the braking system, can exceed a thousand.

As the global chip shortage drags on, car makers from General Motors to Tesla find themselves forced to adjust production and rethink the entire supply chain. Illustration/Video: Sharon Shi

 

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Americans have a love affair w gas guzzlers. When all else fails, banks can look to the car loving 🇺🇸 ppl to bail them out. Greenhouse gases be damned, if it don't need gas to run, most Americans will snub the car or truck We'll die in a hail of smoke & smog as the world burns!

👇🏼🔞👇🏼

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