There are many signs suggesting the U.S. auto industry is on a positive, sustainable track, but perhaps the most reassuring sign is the kind of caution that dealers and manufacturers are showing amid the boom. ...
Recognizing the proliferation of troubling practices that mirror the precrash mortgage market is important because these practices deserve attention now. Chris Kukla is senior vice president at the Center for Responsible Lending.
While it's worthwhile to remember key lessons from the 2008 financial crisis, today's conditions in automotive subprime bear virtually no resemblance to the mortgage issues that precipitated that fateful bubble. Raj Sundaram is co-president of Dealertrack Inc.