I should have said "EV auto market." I can't imagine legacy auto would be giving out 0% loans on their EVs if demand was healthy. I don't know, maybe they would. But I don't think so. I can imagine the headlines if Tesla started offering 0% loans...Technically the auto market is doing pretty well. Last year was 15.6 million total. This year we’re at a current run rate higher than that. Nearly 5.5m just in the first four months of the year. So something is working
I doubt we’ll ever see the 17m years from half a decade ago but 15.5-16m should be considered a win