"The car industry is probably one of the most stable economic pillars the US has." I disagree, https://www.lendingtree.com/auto/debt-statistics/ https://www.le

"The car industry is probably one of the most stable economic pillars the US has." I disagree, https://www.lendingtree.com/auto/debt-statistics/ https://www.lendingtree.com/auto/debt-statistics/ "The average car payment for new vehicles was $737 per month in the third quarter of 2024, up 0.7% from Q3 2023 Auto loan delinquency rates are up compared to last year. 4.6% of outstanding auto debt was at least 90 days late in Q3 2024, according to the New York Fed, up 17.4% from Q3 2023. Meanwhile, the percentage of auto loans that fell to 30 days past due was 8.1% in the third quarter of this year, up 9.9% from 7.4% in the third quarter of last year." I'm shocked that a somewhat predeatory lending company has great statistics about this - the whole article is interesting. As for manufacturing, I also disagree -- due to current affairs w/ Trump and tariffs : https://www.reuters.com/business/autos-transportation/trump-held-call-with-gm-ford-ceos-potential-tariff-delay-2025-03-05/ https://www.reuters.com/business/autos-transportation/trump-... Oh yeah, something something they all took bailouts in 2008 and Ford was the only one that could pay the loans back while GM killed off several brands e.g. Oldsmobile and Pontiac.