Chrysler Leads U.S. Auto Sales Lower on ‘Harsh’ Financing Rates

Four of the biggest U.S. automakers missed analysts’ estimates for April sales, with Fiat Chrysler Automobiles NV posting the biggest drop, as consumers struggle to finance new vehicles with costlier loans.






David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.