US new car sales are still more than 2,000,000 fewer per year than pre-pandemic (about a 12% drop) [1], mostly because of restricted supply. A less than .5 per

US new car sales are still more than 2,000,000 fewer per year than pre-pandemic (about a 12% drop) [1], mostly because of restricted supply. A less than .5 percentage point change in default rates is not nearly enough to close this gap. [1] https://www.goodcarbadcar.net/usa-auto-industry-total-sales-figures/ https://www.goodcarbadcar.net/usa-auto-industry-total-sales-...