Auto Sales Strong, but Georgia Among Worst in Car Loan Delinquencies

Press release from the issuing company

Thursday, April 7th, 2011

Shoppers returned to car lots to buy in 2010, a sign of economic optimism.

That optimism has continued with sales for many brands far outpacing the growth seen last year, after a dreadful 2008 and 2009.

But data released last month show not all automotive news in Georgia is good. Georgia had the fourth-highest rate of delinquency on car loans in the country in the fourth quarter of 2010, according to credit reporting agency TransUnion.

Read more: Atlanta Journal Constitution