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U.S. Auto Debt Grows to Record High Despite Pandemic – experian.com


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In this article:
• Auto Debt Climbs to Record High of $1.37 Trillion 

• Average Consumer Auto Debt Balances Grow Amid Pandemic
• Auto Delinquencies Dipped But Are Now on the Rise
• Car Buyers Skew Prime During Pandemic 
• Auto Balances Increase Most Across High Credit Ranges 
• Young Generations Again Drive Auto Debt Growth
• Consumers in All States See Increase in Auto Balances
• Auto Leasing Slows, While Electric Vehicles’ Popularity Surges

Though the COVID-19 pandemic decisively changed many aspects of Americans’ routines, one of the most notable differences has been in mobility and the necessity to leave the house. 
Pandemic lockdowns and the desire to avoid infection kept many Americans inside, causing them to reconsider how much they can get done without leaving home. With stay-at-home the new normal in 2020—and a record number of people working remotely—the nation rapidly adapted to delivery services, and many online retailers saw their businesses boom.

Tyre Extinguishers go global as activists vow to make owning SUVs ‘impossible’ – independent.co.uk


Climate activists who have been deflating the tyres of SUVs in the UK have said they are going global with their campaign to make it “impossible” to own the vehicles/
The Tyre Extinguishers claim followers in the US states of Arizona and Colorado have already ‘disarmed’ 4x4s, with supporters in Europe geared up to follow suit.
The group say the luxury vehicles, also known as SUVs, are a climate disaster, cause health problems through air pollution, and make roads more dangerous.
Activists targeted the wheels of dozens of SUVs in the Didsbury suburb of Manchester on Tuesday evening.
But the owner of one of the cars said it was an electric vehicle and condemnd the group’s actions as “dangerous and irresponsible”.
“It’s not just an inconvenience,” he told the Manchester Evening News . “My wife’s pregnant and I need to get her a hospital at some point.
Last month the Tyre Extinguishers claimed to have ‘disarmed’ over a thousand SUVs in Brighton, London, Manchester, Birmingham, Sheffield, Bristol, and Edinburgh.
The group’s aim is to make it impossible to own a 4×4 in urban areas across the UK. A spokesperson told The Independent earlier this month they were planning to ramp up their campaign.
Tyre Extinguishers said they were preparing to launch French, Spanish, Italian and German versions of leaflets “at the request of activists”.