SportingNews.com – Your expert source for NASCAR Auto Racing stats…
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- SportingNews.com – Your expert source for NASCAR Auto Racing stats…
- Analysts worry that mortgage woes could spread to auto loans
- Auto-Parts Suppliers May Stall
SportingNews.com – Your expert source for NASCAR Auto Racing stats…
SportingNews.com – Nov 20, 2007
(AP) — Jimmie Johnson carried a vendetta all season. And after winning his second Nextel Cup title he promptly took care of business. To celebrate his first title last season crew chief Chad Knaus and Atlanta Braves pitcher Mike Hampton burst through his hotel-room door the morning after the finale and doused a sleeping Johnson with champagne. Johnson vowed to get even.
Analysts worry that mortgage woes could spread to auto loans
MarketWatch – Nov 20, 2007
In a note to investors Monday Lehman Brothers analyst Brian Johnson said his analysis of auto-loan-backed securities sold by Ford Motor Credit Co. and GMAC Financial Services showed some higher delinquency rates for October and September compared with recent years. As unemployment remains low this deterioration in the auto ABS credit conditions may be evidence of a likely spill-over of the mortgage woes onto the auto credit world Johnson wrote.
Auto-Parts Suppliers May Stall
thestreet.com – Nov 20, 2007
carmakers’ shares have slumped while those of auto-parts producers have soared. Given a worsening economic outlook and other factors odds are that the divergence won’t continue for long.
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