The Car Industry’s $1.1 Trillion Debt Problem

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The acute phase of the coronavirus crisis has passed for automakers. But WSJheard says the chronic phase may be starting. WSJWhatsNow

No auto maker has gone bust in this recession. None seems likely to either, given the ready availability of cash. The combination of ample central-bank liquidity and a functioning financial system have forestalled the kind of existential drama that rocked the industry in 2009.

 

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heard May be? And maybe you're full of BS.

heard Lol fauci trying to be relevant again.😂

heard Enough of your fear mongering!

heard Usury enslavement!

heard Fidelity doesn’t help its clients at all

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 /  🏆 98. in JP

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