Lending shortage may turn Europe’s car sales descent into a debacle


German manufacturers like VW will be least affected by any financing problems. (VW)   Europeans plucky enough to ignore the crumbling economy and confident that their jobs are safe might find that a new car isn’t possible because banks won’t lend them any money. With Europe on the brink of a double-dip recession, forecasters areContinue reading “Lending shortage may turn Europe’s car sales descent into a debacle”